I just used this to estimate the amounts of drinks I will consume on a cruise to see if their drink package is worth the cost. I originally learned this at work and it is useful for more than just estimating time on a project.
Thank you for the video. Very insightful. I have questions, tho. Why is the most likely time supposed to be multiplied by 4 and all need to be divided by 6? Thanks. Really appreciate your help.
It is because there is an average inside the formula (OT + MLT + MLT + MLT + MLT + PT) = 6 items, then to result an average we will need to divided by six.
hi pm i would found right day and week how i can found it ( between activity ) most know day how day takes i hope to help me (A-------B ) how to know right day or week between 2 or more activity i hope to reply me
Because there are a total of 6 terms in the formula and we have to assign different weights to different terms. The "Most Likely Time" is given more weightage because it is simply more likely to occur than the optimistic or the pessimistic time.
thanks so much, my course material confused me and this explained it better.
I just used this to estimate the amounts of drinks I will consume on a cruise to see if their drink package is worth the cost. I originally learned this at work and it is useful for more than just estimating time on a project.
Thank you for posting this it really helped explain the equation.
Very crisp, to the point tutorial. Excellent presentation.
Thank you, very easy to understand
9 years later, still quick and easy. Many Thanks!
Thank you VERY much. this is awesome.
Amazing, easy and straight to the point! Wish my professor could teach like this!
Great job, thank you! You explained this better than my book.
Thanks! Quick and easy explanation!
This explanation just saved me, thanks you :)
Thank you very much!
very excellent precentation...thanku... :)
good explanation
What if the teacher didnt give us the "Most Likely Time" ? How can I solve the problem with out knowing it?
Thank you for the video. Very insightful. I have questions, tho. Why is the most likely time supposed to be multiplied by 4 and all need to be divided by 6? Thanks. Really appreciate your help.
It is because there is an average inside the formula (OT + MLT + MLT + MLT + MLT + PT) = 6 items, then to result an average we will need to divided by six.
hi pm i would found right day and week how i can found it ( between activity ) most know day how day takes i hope to help me (A-------B ) how to know right day or week between 2 or more activity i hope to reply me
hello eugene! I'm trying to understand what is the meaning of th 6 you divide O + P + 4M ?
Because there are a total of 6 terms in the formula and we have to assign different weights to different terms. The "Most Likely Time" is given more weightage because it is simply more likely to occur than the optimistic or the pessimistic time.