Schedule · PM Glossary
Three-Point Estimate An estimate based on optimistic, most likely and pessimistic values to reflect uncertainty. It can use a triangular average or the PERT (beta) formula.
Example The triangular estimate for O = 4, M = 6, P = 14 is (4 + 6 + 14) ÷ 3 = 8 days.
Related terms ‹ Team Charter · All glossary terms · Timeboxing ›
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