- Most Optimistic
Best case scenario in which nothing goes wrong and all conditions are optimal.
- Most Likely
The most likely duration and there may be some problem but a lot will go right.
- Most Pessimistic
The worst case scenario which everything goes wrong.
Sunday, January 6, 2008
What is Three Point Estimation
In PMP, the term "Three Point Estimation" is a technique used to estimate the time required for a project based on historical information. This includes:
Suggested Study Materials
- PMP-Preparation Recommended Books
- PMP Exam Prep, Fifth Edition: Rita's Course in a Book for Passing the PMP Exam
- A Guide to the Project Management Body of Knowledge, Third Edition (PMBOK Guides)
- The PMP Exam: How to Pass On Your First Try (Test Prep series)