Pert Estimation vs. Three-Point Estimating
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Compare and contrast PERT estimation with three-point estimation.
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Solution Summary
This solution compares and contrasts PERT estimation and three-point estimation as they are used in project management. [146 words, 2 references].
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"PERT (Program/Project Evaluation and Review Technique) is a method to analyze the involved tasks in completing a given project, especially the time needed to complete each task, and to identify the minimum time needed to complete the total project" (Wikipedia, 2013, para 1). This is a statistical tool used in project ...
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