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Examining Critical and Near-Critical Paths: An Excel-Based Classroom Exercise
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Conant, Donald D. – Journal of Education for Business, 2018
The author's goals in this exercise were to use an Excel project to teach students about the effects of changing states of nature on critical path emergence as well as compare the impact of the PERT beta and triangular distributions on project completion times. Previous research into the PERT (program evaluation and review technique) beta…
Descriptors: Program Administration, Spreadsheets, Monte Carlo Methods, Program Evaluation