How do you estimate in the three point estimating method?
SAP Online Classes provides Best SAP training Online based on current industry standards that helps attendees to secure placements in their dream jobs at MNCs. SOC is one of the most credible ERP SAP Online training provider, offering hands on practical knowledge and full job assistance with basic as well as advanced level ERP SAP Implementation Training. At SOC ERP SAP training Online is conducted by subject specialist corporate professionals with 14+ years of experience in managing real-time ERP SAP projects.
How do you estimate in the three point estimating method?
Answer
-
There are 2 formulas to calculate 3 point estimation.
1) Triangular Distribution E = (P+M+O)/3 ;
2) Beta or PERT Distribution E = (P+4M+O)/6 ;
where P stands for pessimist, O for Optimist and M = most likely and
PERT = Program Evaluation and Review Techniques
