Question: Why does PERT place a higher weight on the most likely or realistic case estimate? Explain how you might go about assessing the quality of

Why does PERT place a higher weight on the most likely or realistic case estimate? Explain how you might go about assessing the quality of a series of multi-point estimates prepared by someone else. Why is it so important to have good estimates, anyway?

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!