Question: What is the difference between a three-point estimate and a PERT estimate? A. PERT uses a weighted average of the most likely, whereas the three-point

What is the difference between a three-point estimate and a PERT estimate?

A. PERT uses a weighted average of the most likely, whereas the three-point estimate is really just an average of all three estimates.

B. PERT uses an average model to predict the most likely duration for time or costs, whereas a three-point estimate uses a straight average for the duration or costs.

C. PERT and three-point estimates are actually the same model.

D. PERT is used for time and cost estimates, whereas three-point estimates are used only for time.

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