Abstract
It is assumed that activity durations in a PERT network are independent and normal random variables. A simple method of obtaining lower and upper bounds for the expected project completion time is described. The tightness of the bounds is examined for some numerical examples. A problem of applying the method in the case of non-normal distributions of activity times is also discussed.
An erratum to this article is available at http://dx.doi.org/10.1057/jors.1986.89.
An erratum to this article is available at http://dx.doi.org/10.1057/jors.1986.89.