Article ID: | iaor20052139 |
Country: | Netherlands |
Volume: | 157 |
Issue: | 3 |
Start Page Number: | 704 |
End Page Number: | 715 |
Publication Date: | Sep 2004 |
Journal: | European Journal of Operational Research |
Authors: | Abdelkader Yousry H. |
Keywords: | project management, statistics: distributions |
Activity networks have been used to model complex projects with wide applications in the field of production, planning and control. Stochastic activity networks (SANs) require a priori distribution function (d.f.) such as normal, exponential, Erland and others. In this paper, a development of the moments method based on Weibull distribution of activity time is presented. The method provides an accurate estimate of the project completion time compared with other d.f.'s estimates.