SOFTWARE PROJECT MANAGEMENT
PROJECT SCHEDULING AND TRACKING
Question
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Three-point estimating uses:
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An optimistic, pessimistic, and most likely estimate to calculate the estimate.
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The weighted average of optimistic, pessimistic, and most likely estimates to calculate the expected duration of the activity.
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Dummy activities to represent logic links among three or more activities.
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Free float instead of total float in the schedule calculations.
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Explanation:
Detailed explanation-1: -Step 1 − Arrive at the WBS. Step 2 − For each task, find three values − most optimistic estimate (O), a most likely estimate (M), and a pessimistic estimate (L). Step 3 − Calculate the Mean of the three values. Step 5 − Calculate the Standard Deviation of the task.
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