Question

risk analysis Incorporated in pert​

Answer 1

The risk analysis incorporated in PERT are as follows:

Explanation: The full form of PERT is Program Evaluation and Review Technique. It is the method to evaluate the time and different paths in order to complete a project. The following risks are being analyzed in PERT:

• Uncertainty which includes determination of cost, time, etc.
• Risk Events which includes single impact, series of impact, etc.

Answer 2

Explanation:

PERT or Program Evaluation and Review Technique  is a technique used to analyse the tasks being scheduled and then determine a variation of the Critical Path Method (CPM) and its consequences.

Risk analysis is incorporated in PERT by deeply understanding the Critical path method using the tools such as SWOT, brainstorming, risk questionnaires, flowchart techniques. Once the risks are identified then subsequent action plans are defined to mitigate these risks