Optimistic Duration

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Optimistic Duration is an estimate of the shortest activity duration that takes into account all of the known variables that could affect performance. See also most likely duration and pessimistic duration.

Definition

According to Macroeconomics by Mankiw (7th edition),

Optimistic Duration. An estimate of the shortest activity duration that takes into account all of the known variables that could affect performance. See also most likely duration and pessimistic duration.