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| Author: | Gong, D. Hugsted, R. |
| Title: | Time-uncertainty analysis in project networks with a new merge-event time-estimation technique. |
| Journal: | International Journal of Project Management
1993 : AUG, VOL. 11:3, p. 165-174 |
| Index terms: | PROJECT PLANNING ESTIMATION BIAS NETWORKS |
| Language: | eng |
| Abstract: | A new analytical merge-event time-estimation technique, called the back-forward uncertainty-estimation (BFUE) procedure is introduced in the paper to include the time uncertainties of noncritical path activities in the risk analysis of a project network. The BFUE procedure is consistent with the pert procedure and critical-path method. With the development of the BFUE procedure, the merge-event time-estimation technique is not only a means of correcting the optimum estimation bias, but also a means of evaluating the project-time risk related to the use of slack time. |
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