Three-point estimation: Difference between revisions

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{{Short description|Technique used in management and information systems}}
The '''three-point estimation''' technique is used in management and [[information systems]] applications for the construction of an approximate [[probability distribution]] representing the outcome of future events, based on very limited information. While the distribution used for the approximation might be a [[normal distribution]], this is not always so. For example, a [[triangular distribution]] might be used, depending on the application.
 
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==External links==
*[http://www.4pm.com/articles/PERT_program_evaluation_&_review_technique.pdf Risk and duration estimates: 3 point estimating] from www.4pm.com
{{Project cost estimation methods}}
{{DEFAULTSORT:Three-Point Estimation}}