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PERT | Calculate the project variance | Program Evaluation and Review Techniques 

Karpagam QT corner
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In this video, you will learn how to calculate the project variance and standard deviation .
PERT is used for R&D and Defence , where estimation becomes a challenge.
The following steps are followed :
1. Calculate the Time Estimate
2.Draw the project network
3. Identify the critical path
4. calculate the variance and Standard deviation of the critical activities
5. Calculate the probability of completing the completing the project for the estimated time.
#PERT #projectscheduling #Probability #standarddeviation #zscore #normaldistribution
Keep Watching, Keep Learning

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6 окт 2024

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Комментарии : 86   
@karpagamqtcorner8764
@karpagamqtcorner8764 Год назад
Hi everyone. To find the variance , Please use the formula (tp-to)/6)^2. The chapters are added here : 0:00 - Intro 1:47 - Time estimate 8:11 - Network diagram 13:16 -critical path 20:04 -Standard deviation 20:40 - Variance of the critical path 22:25 - Probability of completing the project. Keep watching, Keep learning
@ShubhamSharma-st3hd
@ShubhamSharma-st3hd Год назад
Ma'am I have one doubt variance calculate me last wala 0.4444 kese aaya
@PABHINAVYS
@PABHINAVYS 10 месяцев назад
SD = Sqrt(Variance)@@ShubhamSharma-st3hd
@Viral_Hookz
@Viral_Hookz 8 месяцев назад
(a)How can I calculate the expected time for the completion of the project? (b)how can I calculate the individual slack of the parts?
@subinbmarkose
@subinbmarkose 6 месяцев назад
Madam, why we are not calculating standard deviation of the critical path by adding the SD value of each critical activity?
@ronyrahman1748
@ronyrahman1748 10 месяцев назад
This explanation is very clear and easy to understand. Thank u so much mam
@UniqueCorner14
@UniqueCorner14 16 дней назад
Excellent mam... you've made a difficult problem into a simple one for me!!!
@jefferyandy7950
@jefferyandy7950 Год назад
Very simplified presentation. Awesome. Want to see more similar videos particularly for project management end. Cheers
@santoshsahu-oy5vo
@santoshsahu-oy5vo Год назад
Really very well explained ma'am, thanks a lot. A learner like me is understandable easily. Because I am not a student of math's 12th Bio and graduated within the BA stream and working for the last 13 years in IT (as a UI/UX Designer) even then I am getting 98% of your teaching. I am pursuing MBA from Jaipur Manipal online.
@ComfortKehinde-Omodara
@ComfortKehinde-Omodara 26 дней назад
Thank you so much for making this so easy to assimilate. I need clarification on how to calculate the minimum duration after arriving at the critical path using this same activity.
@kurandewkupeng6446
@kurandewkupeng6446 Год назад
The explanation is very clear and easy to understand. Thank you for sharing this online.
@ravintr2786
@ravintr2786 2 дня назад
The probability of the project by 35 weeks will be = 77.34% mam ..you have taken variance value is 4 mam but actually it is 2 in calculations it was right then when u written by miss it will happen mam 😊.. But ur explanations is too good thank u mam❤
@sujatadas2776
@sujatadas2776 2 месяца назад
wish ,,,if you took our operations research paper. it would have been so much easier, :') you explain in such a simple way. you make it easy for us
@tulsimohan2297
@tulsimohan2297 Месяц назад
Wow, u have explained it really well, I appreciate ur effort
@keerthigakrishnan4082
@keerthigakrishnan4082 4 месяца назад
Hi, your explanation is clear thanks for your support.
@DeshaniNavodhya
@DeshaniNavodhya 8 дней назад
Thank you 🙏♥️
@highlyfavoured2422
@highlyfavoured2422 Год назад
This is very helpful. Thank you so much for your generosity 😊
@BrhaneKinfe
@BrhaneKinfe 2 месяца назад
Thank you! I really appreciate your presentation
@ebakayo9183
@ebakayo9183 11 месяцев назад
you are so wonder full.. you have fully talented on good explanation thanks a lot
@erfanbillah_brac_university
Thank you so much. Stay blessed!
@APTUNALEX
@APTUNALEX 8 месяцев назад
Madam am from Tanzania, actually i understood your lessons, thank you
@karpagamqtcorner8764
@karpagamqtcorner8764 7 месяцев назад
Glad you enjoyed the video ! Aptunalex
@rainasajid6678
@rainasajid6678 Год назад
This video saved me. Thank you so much!
@MsChaits
@MsChaits 5 часов назад
Can you please share some details about PRIDE analysis?
@jessiekerry928
@jessiekerry928 7 месяцев назад
Thank you for this.youre a life saver
@motivational_gamer
@motivational_gamer 7 месяцев назад
Thank you very much mam for this video.
@sachinthomas4798
@sachinthomas4798 11 месяцев назад
thank you so much maam for explaining this topic
@yashkhorate7080
@yashkhorate7080 7 месяцев назад
Thank you so much, ma'am
@maadhi8644
@maadhi8644 10 месяцев назад
Worthy content and easily understandable
@srinivassonnaila3775
@srinivassonnaila3775 Год назад
Excellent presentation ma'm. One doubt...should we alwsys divide with 6 for grtting SD ? And...a diverging activity is burst...right ?
@NompumeleloPretty-re6oo
@NompumeleloPretty-re6oo 11 месяцев назад
its the part of the formula
@koushalchapagain1207
@koushalchapagain1207 5 месяцев назад
Thank you ...very much..
@sewyyy4202
@sewyyy4202 Год назад
Thank you, ma'am. You're awesome!
@arupanimelover1234
@arupanimelover1234 Год назад
This is really good explanation thanks ma'am 🙏🏽
@Roudha-hv4pq
@Roudha-hv4pq 5 месяцев назад
THANK YOU A LOT.
@joeljackson7831
@joeljackson7831 Год назад
Ma'am you're Good. Thank you so much
@VishalRaj-cs2ml
@VishalRaj-cs2ml 5 месяцев назад
best teaching in you tube
@velumaniramasamy1111
@velumaniramasamy1111 Месяц назад
Thank you madam
@paulcheruiyot391
@paulcheruiyot391 Год назад
amazing the way you explain
@salihdogan4950
@salihdogan4950 9 месяцев назад
Thank you, Can you enlighten me how can I determine a,b,m duration at the start of the project? Thank you
@Leo-ly9og
@Leo-ly9og Год назад
Thank you very much
@TuyizereSteven-mg6iq
@TuyizereSteven-mg6iq 5 месяцев назад
thank you 💕
@subinbmarkose
@subinbmarkose 6 месяцев назад
Madam, why we are not calculating standard deviation of the critical path by adding the SD value of each critical activity?
@kmkeerthana4631
@kmkeerthana4631 Год назад
understanding clearly mam tq
@MoiponeMagule
@MoiponeMagule 11 месяцев назад
Well explained indeed 👏
@dharumarajramar9067
@dharumarajramar9067 3 месяца назад
Good explanation thanks mam
@habtamuendalew9740
@habtamuendalew9740 Год назад
it nice clarification please put each formulas in the note form
@akshayramesh222
@akshayramesh222 3 месяца назад
Good class mam
@Uaetulip
@Uaetulip 7 месяцев назад
Thank you
@GINOOPANTONY
@GINOOPANTONY 6 месяцев назад
Very well explained
@adeladlewgebremedhin6482
@adeladlewgebremedhin6482 Год назад
Nice explanation tnx!
@madarauchiha8416
@madarauchiha8416 4 месяца назад
Thanks mam ❤️
@rushabhshanishchar6272
@rushabhshanishchar6272 Год назад
Ma'am you're too good!!!
@uttamsah7718
@uttamsah7718 Год назад
very useful this lecture
@mamathaks4810
@mamathaks4810 Год назад
Thank you Ma'am
@shinchandiehardfan
@shinchandiehardfan Год назад
Thank you mam
@LifestylewithJoy_
@LifestylewithJoy_ Год назад
How did you arrive at the variance?
@sylvesterqongwane8072
@sylvesterqongwane8072 Год назад
She had to square the standard deviation to reach to the values on the variance..
@ScholarStream_25
@ScholarStream_25 Год назад
Thank You maam
@priyeshvikramsingh8587
@priyeshvikramsingh8587 Год назад
VERY HELPFUL
@shaikjuveriyatasneemshaikj8944
@shaikjuveriyatasneemshaikj8944 Месяц назад
Mam how to calculate variance..??
@kevincitizen2274
@kevincitizen2274 6 месяцев назад
Simplified 😊
@studymaterials599
@studymaterials599 4 месяца назад
at 23:28 0.7874 will round off to 0.79 thwn we have to take 0.7 and 0.09 ? am i correct??
@radhadevan1768
@radhadevan1768 Год назад
Hi mam..if u don't mind can u please update on jz drawing network diagram from basics
@shaikjuveriyatasneemshaikj8944
@shaikjuveriyatasneemshaikj8944 Месяц назад
Last value is wrong for variance..??mam if possible can uh please clear it
@sojanmathew6764
@sojanmathew6764 Год назад
Hello mam! I have a problem related to crashing. How can i share my pdf to you. Thanks
@palakaggarwal6054
@palakaggarwal6054 2 месяца назад
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@watchthenselect8731
@watchthenselect8731 4 месяца назад
How to find delay time
@mst_tripathi223
@mst_tripathi223 Год назад
Mam how to calculate mean time
@daramsothakanksha1809
@daramsothakanksha1809 Год назад
Mam how to find variance and delay value?
@socialmoth4974
@socialmoth4974 Год назад
Yeah, the video skips there. I figured out the variance is the standard deviation squared. The delay probability is 100% - 78.23%.
@mdsibgatullahskasarkasar5527
How to find variance
@harisees09
@harisees09 Год назад
Hello madam how to contact you ??
@factzone5870
@factzone5870 Год назад
Why to contact dude ?
@yaminikonnur3658
@yaminikonnur3658 Год назад
Formula to find tp tm and to
@AkashYadav-po5kb
@AkashYadav-po5kb Год назад
It will be given in the problem
@AmittttKumar
@AmittttKumar 2 месяца назад
Hello mam please send me pdf
@pearlgabayi6146
@pearlgabayi6146 Год назад
36÷6=6
@BCE_Kishores
@BCE_Kishores Год назад
how do you find variance ?? @karpagam QT corner
@MG-wf2mu
@MG-wf2mu Год назад
[(tp-to) /6]^2
@dark_side540
@dark_side540 Год назад
variance is simply the square of Standard Deviation
@mathswithravi
@mathswithravi Год назад
Do u have a network diagram, seperate videos to understand ....pls take few simple problems before solving bigger problems
@vivekkumarthakur5264
@vivekkumarthakur5264 Год назад
hey, can i get your email?
@ComfortKehinde-Omodara
@ComfortKehinde-Omodara 26 дней назад
Thank you so much for making this so easy to assimilate. I need clarification on how to calculate the minimum duration after arriving at the critical path using this same activity.
@shivprasadmishra4296
@shivprasadmishra4296 5 месяцев назад
Thank you ❤
@avishkamadushan1136
@avishkamadushan1136 Год назад
Thank you ❤️❤️
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