Neural Pathways to Program Success: Hopfield Networks for PERT Analysis - Preprint

Project estimation is a crucial aspect of project management that is often fraught with uncertainty. Accurately predicting project costs, timelines, and potential risks is essential for successful project delivery and eventually the program success which comprises several focused projects. Program Evaluation and Review Technique (PERT) is a valuable tool for addressing these challenges by providing a structured approach to project scheduling and risk assessment. Hopfield networks are a type of recurrent neural network with a rich history in the field of artificial intelligence particularly for their role in associative memory and optimization tasks. This paper delves into the potential application of Hopfield networks in PERT analysis, exploring practical implementations, challenges and strategies for overcoming limitations to enhance project and program management outcomes.