Document Type
Article
Abstract
This case teaches project management concepts (traditionally called PERT / CPM) using the more accurate and modern approach via simulation. The case asks students to construct the network precedence diagram to help a fictitious school design an "MBA over the Internet" program. Using a spreadsheet model and simulation ad-in program (such as @RISK or Insight), the simulation tells management what the critical activities are and whether or not the project can be completed by a certain date. Probabilistic calculations can be made from the simulation. Finally, the case shows how the simulation gives superior results compared to the traditional approaches of PERT / CPM.
Recommended Citation
Yurkiewicz, Jack , "Internet-Based Distance Learning" (1998). Case Studies. 1.
https://digitalcommons.pace.edu/business_cases/1
Comments
Originally appeared as Case Study No. 23 of the Lubin Business School Case Studies series. November 1998