Question: Project estimate information is provided as follows: Optimistic cost = $900 Most likely cost =$1000 Pessimistic cost = $2100 Use the Rule of 6, PERT

Project estimate information is provided as follows:

  • Optimistic cost = $900
  • Most likely cost =$1000
  • Pessimistic cost = $2100

Use the Rule of 6, PERT to calculate the best estimate based on the above information

$1000

$1333

$1167

$2333

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