Installation — business terrible  1 part
September 8th, 2015
From the beta distribution, the expected or average time for each activity is calculated according to the following equation:
T _ T0 + 4 Tm + Tp
where T = average time, To = optimistic, Tp = pessimistic time, and Tm = most likely time.
For the previous example of constructing the concrete foundation, there are three values for time for each activity, as shown in the following table.
Table 4.4 PERT example

After defining the critical path from the previous example, calculate the expected time at each activity as shown in Equation (4.1). Calculate the standard deviation using the following equation:
T – T
1 P l0
6
Variance, V, = S2.
From Table (4.5) calculate the Та, which is the average time and the standard deviation based on Equations (4.1) and (4.2), respectively. The variance is calculated as it is only possible to sum the variance. You cannot perform summation for the standard deviation.
The minimum time to finish the project is 18 days, and the maximum time to finish is 39 days. The average time period to finish the project is in 23.31 days.
What is the probability if you increase the project time over 25 days? This value can be calculated from the following equation:
V = 0.44 + 0.694 +1.36 + 0.028 + 0.11 + 0.11 = 2.74 days.
Item 
Activity 
V 
S 
C. P. 
Та 
To 
Tm 
Tp 
100 
Mobilization 
0.44 
0.67 
* 
3 
1 
3 
5 
200 
Excavation 
0.694 
0.83 
* 
8.3 
6 
8 
11 
300 
(Pouring concrete foundation and piping support) 
1.36 
0.5 
* 
7.17 
8 
10 
15 
400 
Install the piping 
0.11 
0.33 
4 
3 
4 
5 

500 
Install the mechanical package 
0.028 
0.167 
* 
1.17 
1 
1 
2 
600 
Put the grouting 
0.11 
0.333 
* 
2.17 
1 
1 
3 
700 
Connect the piping 
0.694 
0.833 
3 
2 
5 
7 

800 
Commissioning and start up 
0.111 
0.333 
* 
1.5 
1 
2 
3 
Table 4.5 PERT calculation 
Standard deviation (S) = 1.66 day.
From the probability distribution tables, the probability that the project completion period is more than 26 days is 5%. The probability that the execution time for the project is equal to or less than 26 days is 95%, as shown in Figure (4.13).