PERT and CPM - 2 - For Beginners - Basics - 2 - Event

#OperationsResearch #Math #PERT #CPM #Network #CriticalPath #Event #FreeLecture #FreeStudy #Solution Network Diagram Representation In a network representation of a project certain definitions are used. 2. Event An event represents a point in time signifying the completion of some activities and the beginning of new ones. This is usually represented by a circle in a network which is also called a node or connector. The events are classified in to three categories 1. Merge event – When more than one activity comes and joins an event such an event is known as merge event. 2. Burst event – When more than one activity leaves an event such an event is known as burst event. 3. Merge and Burst event – An activity may be merge and burst event at the same time as with respect to some activities it can be a merge event and with respect to some other activities it may be a burst event. OR, Operations Management, Math, Network Analysis, PERT, CPM, Project Management, PERT Chart, Network Diagram, Critical Path, Activity, Event, Merge Event, Burst Event, Predecessor, Successor, Concurrent, Dummy, Statistics, OM, Operations Management, MBA, MCA, CA, CS, CWA, BBA BCA, BCom, MCom, GRE, GMAT, Grade 11, Grade 12, Class 11, Class 12, IAS, CAIIB, FIII, IBPS, BANK PO, UPSC, CPA, CMA www.prashantpuaar.com