New validations of PERT times

New validations of PERT times

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Article ID: iaor1999867
Country: United Kingdom
Volume: 25
Issue: 3
Start Page Number: 323
End Page Number: 328
Publication Date: Jun 1997
Journal: OMEGA
Authors:
Keywords: project management, statistics: distributions
Abstract:

This paper defends the classical PERT formulas for computing the mean and variance of the random activity time. We show three new validations for them by examining the kurtosis of the beta distribution employed in PERT.

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