This document provides formulas for estimating activity times in Program Evaluation and Review Technique (PERT). The mean activity duration is calculated as the sum of the optimistic, most likely, and pessimistic estimates divided by six. The variance of an activity is the difference between the optimistic and pessimistic estimates squared and divided by six. The standard deviation of an activity's duration is equal to the difference between the optimistic and pessimistic estimates divided by six.
This document provides formulas for estimating activity times in Program Evaluation and Review Technique (PERT). The mean activity duration is calculated as the sum of the optimistic, most likely, and pessimistic estimates divided by six. The variance of an activity is the difference between the optimistic and pessimistic estimates squared and divided by six. The standard deviation of an activity's duration is equal to the difference between the optimistic and pessimistic estimates divided by six.
This document provides formulas for estimating activity times in Program Evaluation and Review Technique (PERT). The mean activity duration is calculated as the sum of the optimistic, most likely, and pessimistic estimates divided by six. The variance of an activity is the difference between the optimistic and pessimistic estimates squared and divided by six. The standard deviation of an activity's duration is equal to the difference between the optimistic and pessimistic estimates divided by six.
This document provides formulas for estimating activity times in Program Evaluation and Review Technique (PERT). The mean activity duration is calculated as the sum of the optimistic, most likely, and pessimistic estimates divided by six. The variance of an activity is the difference between the optimistic and pessimistic estimates squared and divided by six. The standard deviation of an activity's duration is equal to the difference between the optimistic and pessimistic estimates divided by six.