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Software Project Management Unit 3 & 4

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Q.  Explain with the help of an example how PERT techniques can be applied to evaluate risks to schedule. By applying PERT techniques in this manner, project managers can gain insights into the potential risks to the project schedule and take proactive measures to mitigate them, ensuring successful project completion within the desired timeframe. Identify Activities and Dependencies: The first step is to identify all the activities required to complete the project. For example, the activities could include requirements gathering, design, development, testing, and deployment. Determine the dependencies between these activities, such as which activities need to be completed before others can start. Estimate Time: Next, estimate the time required for each activity. PERT uses three time estimates: optimistic (O), most likely (M), and pessimistic (P). For instance, let's say the estimated time for the development activity is 10 days (O), 15 days (M), and 20 days (P). Calculate Expected