Help me to clear the concept of duration uncertainty
Submitted by pkpmp on Thu, 04/10/2014 - 06:39
Forums:
The following duration uncertainties are all calculated assuming a ±3sigma confidence interval. The duration uncertainty—defined as pessimistic minus optimistic estimate—of the first activity is 18 days; the second estimate has an uncertainty of 24 days. Applying the PERT formula for paths, what is the duration uncertainty of the entire path?
