ESTIMATING DATA The three point estimating technique is used to determine the likelihood of a task's duration based on: the most optimistic (soonest) estimate of when it could be completed the most pessimistic (latest) estimate as to when it could be completed the most likely (more frequent) estimate as to when it could be completed The following two questions are based on the information in this table: Task Predecessor Optimistic Most Likely Pessimistic Expected Duration 10 14 2 20 6 19 4 15% 5 mm C B DB FC,D G D H E, G, F 14 3 3 1 5 3 7 13 11 10 17 10 1/3 11 Using the three point estimating technique - what is the expected duration for Task A? o 10 days 0 14 days 0 14.3 days 0 14.7 days Using the three point estimating technique - what is the expected duration for task E? 0 7 1/3 days 0 7 5/6 days 0 10 1/3 days o 23 days Creating a WBS can be very complicated, and as project managers, we are often left wondering if we have decomposed the project sufficiently to proceed with its planning. Which of the following is not a criterion for determining if your WBS is complete? 0 0 C Does each WBS task (or activity) have a clear start and end date? 0 Are the WBS tasks (or activities) independent of each other? o Is each task (or activity) in your WBS clearly required by its associated WBS deliverable? Are you able to determine the cost and duration of each task (or activity) in your WBS? o Does your project have sufficient budget to fund each task (or activity) in your WBS