PERT and CPM Scanned Lecture Notes - Lakshana Edition

[Srini]

   

Program Evaluation and Review Technique (PERT) and Critical Path Method (CPM) Full Hand Written Lecture Notes from Reputed Institutions and Faculties. Useful for Mechanical Engineers , Specially for Candidates Appearing for GATE Exams.

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Content :
CPM

Pert and cpm
Introduction
Elements of project management
1. Planning
2. Scheduling
3. Controlling
Tecniques of project management
1. Bar chart
Elements of network diagram
Events
Types of events
1. Tail events
2. Head events
3. Dual role events
4. Successor events
5. Predessor events
Activity
Types of activity
1. Parallel activities
2. Serial activities
3. Successor activities
4. Predessor activities
5. Dummy activities
a. Grammatical purpose
b. Logical purpose
Rules to remove the additional dummies on network
Rules to draw the network
Limitation of the bar chart
1. Lack of degree of details
2. Review of project progress
3. Lack of activities interrelationship
4. Lack of uncertainties
5. Mile stone chart
6. Lined bar chart
7. Work break down structure
Construction of house
Foundation work
Network technique
Errors in network
1. Looping error
2. Dangling error
3. Wagon error
4. Rules to number the events in the network
Pert (project evaluation of review techniques)
1. Optimistic time
2. Pasimistic time
3. Most likely time
Characteristics of frequency distribution curve
1. Mean
2. Deviation
3. Variance
4. Standard deviation
Central limit theorem
Critical path
Event time
1. Earliest expected event time
2. Latest allowable occurance time
Slack
CPM (critical path method)
1. Event time
2. Activity time
3. Float
CPM COST MODEL
Indirect cost 
Direct cost
Normal cost
Cost slope
  Resource allocation
Resource smoothing
Resource levelling
Updating
AON network diagram
Engineering economics
1. Interest
2. Interest rate
3. Time value of money
4. Cost flow diagram
Types of interest
1. Simple interest
2. Compound interest
3. Interest series
a. Single payment series
b. Equal payment series
Depreciation
Types
1. Physical
2. Function
3. Contigent
Initial cost
Salvage value
Scrap value
Book value
Method of calculate depreciation
1. Straight line method
2. Declining balance method
3. Double declinilg method
4. Sum of the year digit method
5. Sinking fund method
Break even analysis
Angle of incidence
Margin of safety

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