Free PMI Project Management Professional (PMP) Practice Question
In PERT estimation, if an activity has an optimistic duration of 3 days, a most likely duration of 5 days, and a pessimistic duration of 13 days, the Expected Duration (TE) is 6 days.
In PERT estimation, the expected duration (TE) is calculated by taking an average of three estimates: the optimistic, the most likely, and the pessimistic. The most likely duration gets more weight because it's the most probable.
Here’s how it works:
Take the optimistic duration (3 days).
Multiply the most likely duration (5 days) by 4, because it's considered more reliable.
Then, add the pessimistic duration (13 days).
Add them all together: 3 + 4(5) + 13 = 36.
Divide the total by 6: 36 ÷ 6 = 6 days.
So, the expected duration (TE) is 6 days. This method balances all the estimates while giving more weight to the most likely one.
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What does PERT stand for in project management?
Can you explain how the PERT formula is derived?
Why are durations rounded to two decimal places in project management?
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