In PERT analysis, the expected time to complete an activity is computed from the three-time estimates: a most likely time (m), an optimistic time (a), and a pessimistic time (b) using the expression
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In PERT analysis, always remember the weighted average formula \(\frac{a + 4m + b}{6}\) — it emphasizes the most likely duration (m) for better project time estimation.
In PERT (Program Evaluation and Review Technique), the expected time (\(T_e\)) to complete an activity is calculated using a weighted average of three time estimates:
\(a\): Optimistic time (the minimum time required to complete the task),
\(m\): Most likely time (the best estimate of the time required),
\(b\): Pessimistic time (the maximum time required).
The formula is: \[ T_e = \frac{a + 4m + b}{6} \] This formula gives more weight to the most likely time estimate, reflecting the assumption that it is more probable than the optimistic or pessimistic values.