Use of the three-point PERT estimate in Critical Chain method
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F12%3A55539" target="_blank" >RIV/60460709:41110/12:55539 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Alternative languages
Result language
angličtina
Original language name
Use of the three-point PERT estimate in Critical Chain method
Original language description
The paper proposes the stochastic modification of the Critical Chain method. The authors design new computation procedure for time buffers with the use of the three-point PERT estimate. The proposed procedure in Critical Chain method reflects the human factor in scheduled tasks. The original Goldratt time estimate purging works with 50% purging for all tasks in the project. However the tasks in the project are usually of various kinds with different dependency on human factor. There should be a relevantvalue of concealed time reserve for each concrete task. Within real projects the three-point PERT estimate is often adapted to suit specific requirements and project needs. Possible modification of the three-point PERT estimate offers many options whichincorporate the human factor into the projects. Usually, only the pessimistic and the optimistic parameters of the three-point PERT estimate are precisely set. The pessimistic and optimistic parameters can be used for the estimate of a c
Czech name
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
BB - Applied statistics, operational research
OECD FORD branch
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Result continuities
Project
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Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2012
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Article name in the collection
Proceedings of the 30th International Conference Mathematical Methods in Economics 2012
ISBN
978-80-7248-779-0
ISSN
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e-ISSN
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Number of pages
5
Pages from-to
20-24
Publisher name
Silesian University in Opava, School of Business Administration in Karviná, Czech Republic
Place of publication
Silesian University in Opava, Karviná, ČR
Event location
Silesian University in Opava, Karviná, ČR
Event date
Sep 11, 2012
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
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