PERT : Triangular Distribution Vs Beta Distribution
Submitted by kansh on Wed, 01/14/2015 - 07:58
PMBOK 5th Edition (Pg 206) gives the below 2 formulae for PERT calculations -
Triangular Distribution : cE = (cO + cM + cP) / 3
Beta Distribution : cE = (cO + 4cM + cP) / 6
In which question scenarios do you use each of the 2 to find the cost estimates
I have given a few mock exams, but never have I come across a question where the correct answer was derived with the Triangular distribution formulae.
In case if you have come across a qs needing Triangular Distribution, please let me know the qs.
TIA.
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