PERT
Taught by Hugo Newman · AI tutor support included
You'll learn how to use data visualisation and PERT analysis to manage project timelines and communicate progress effectively.
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In this lesson
- 0:01 What is data visualisation
- 1:04 Benefits of data visualisation for projects
- 2:07 Project dashboard example and components
- 2:42 Introduction to PERT analysis
- 3:55 PERT expected time formula explained
- 4:58 Worked example: laying foundation activity
- 7:02 Calculating contingency using standard deviations
About this lesson
This video covers why visualisation tools matter for complex projects, explores practical dashboards and their benefits, then introduces PERT (Project Evaluation and Review Technique) as a method to account for uncertainty in project scheduling. You'll discover the three-point estimation formula—optimistic, most likely, and pessimistic—and how to calculate expected activity durations and contingency allowances using standard deviations. Essential for anyone managing projects or studying project management as part of their professional qualification.
Duration: 8m
Transcript
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