Difference between revisions of "Most Likely Duration"
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− | According to [[ | + | According to the [[PMI Lexicon of Project Management Terms]], |
:[[Most Likely Duration]]. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance. See also optimistic duration, and pessimistic duration. | :[[Most Likely Duration]]. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance. See also optimistic duration, and pessimistic duration. | ||
[[Category: Economics]][[Category: Articles]] | [[Category: Economics]][[Category: Articles]] |
Revision as of 19:12, 3 July 2020
Most Likely Duration is an estimate of the most probable activity duration that takes into account all of the known variables that could affect performance. See also optimistic duration, and pessimistic duration.
Definition
According to the PMI Lexicon of Project Management Terms,
- Most Likely Duration. An estimate of the most probable activity duration that takes into account all of the known variables that could affect performance. See also optimistic duration, and pessimistic duration.