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Time Estimate Frequency Distribution
Time Estimate Frequency Distribution
ESTIMATES
TIME is the most and essential variable in PERT system of
planning and control. We have seen that PERT is mostly
used for research and development type projects. In this
projects, there is uncertainty about the times required for 1. Optimistic time estimate
the completion of various activities. In the PERT network an
2. Pessimistic time estimate
estimate is made of not only the most probable time
required to complete the activity, but some measure of 3. Most likely time estimate
uncertainty is also incorporated in this estimate to consider
two more time estimates : the PESSIMISTIC ESTIMATE and
the OPTIMISTIC ESTIMATE.
ESTIMATE
THE OPTIMISTIC TIME
• This particular time estimate
• the shortest possible time in represents the time in which
which an activity can be we couldcomplete the activity
completed, under ideal or job if everything went
conditions. along perfectly, with no
problems or adverse.
TIME ESTIMATE
THE MOST LIKELY
prevail.