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Formulas

3-Point Estimate = Optimistic Time + 4x (Most Likely Time) + Pessimistic Time / 6
  • Increases accuracy and probability
  • Originated with PERT Provides an estimate of the mean
  • Provides an estimate pf the mean
    •  % probability of estimate being correct
References
PMBOK 6.4.2.4; 7.1.2.5; 11.4.2
Tool & Technique

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