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What you have decided to do is to go the team and asked them to give you 3 estimates for duration for each tasks (
What you have decided to do is to go the team and asked them to give you estimates for duration for
each tasks pess most likely, and optgiven in spreadsheet From there you decided that you will
calculate the range of duration for each based on those estimates and then calculate the PERT duration
with the equation to get a sense of the variability.
So with the given critical path data excel spreadsheet with the estimates for each tasks duration,
using excel functionality no need to write VBA code:
Calculate the most likely duration for the critical path project.
Calculate the pessimistic duration for the critical path project.
Calculate the optimistic duration for the critical path project.
Using the results of the most pessimistic, most likely, and most optimistic duration, using the
PERT equation to come up the PERT duration iepess ml opt
Calculate the range of duration values ie the min and max that this project might take.
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