Question

Three experts gave opinions on how long a task will take to finish. The estimates were 29, 10, and 12 days (in no particular order). What is PERT estimate - ROUNDED

Answer 1

Answer:

15

Step-by-step explanation:

PERT estimate is a measuring strategy that is based on a weighted average. It is used in measuring the uncertainty and risk via three estimates to determine an estimated likelihood for a project's cost or period of completion.

The formula is (O + 4M + P) ÷ 6

Where P is the most pessimistic = 29

M is the most likely = 12

O is the most optimistic = 10

Hence we have (10 + [4*12]+ 29) ÷ 6

= (10 + 48 + 29) ÷ 6

= 87÷6 = 14.5 ≈ 15

Rounded figure is equal to 15.

Hence the final answer to the question is 15