What formula can a project manager use to estimate task duration? Provide an example.
Added by Edward H.
Step 1
Identify the task: The first step is to identify the task that needs to be estimated. For example, let's say the task is to develop a new website. Show more…
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The formula below is often used by project managers to compute $E,$ the estimated time to complete a job, where $O$ is the shortest completion time, $P$ is the longest completion time, and $M$ is the most likely completion time. $$E=\frac{O+4 M+P}{6}$$ Which of the following correctly gives $P$ in terms of $E, O,$ and $M ?$ A) $P=6 E-O-4 M$ B) $P=-6 E+O+4 M$ C) $P=\frac{O+4 M+E}{6}$ D) $P=\frac{O+4 M-E}{6}$
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