| Article ID: | iaor20172768 |
| Volume: | 78 |
| Issue: | 7 |
| Start Page Number: | 1319 |
| End Page Number: | 1328 |
| Publication Date: | Jul 2017 |
| Journal: | Automation and Remote Control |
| Authors: | Ivanov N |
| Keywords: | simulation, stochastic processes |
For a generalized stochastic network with a given multi‐dimensional distribution of arcs duration, we propose an analytical and simulation‐based procedure to calculate the probability of all critical paths, the distribution function and the first two moments of the project completion time. The procedure employs a specially constructed system of inequalities binding the task completion times.