MENU
. Basically you use the following formula to work out the duration: Te=(To+4Tm+Tp)/6 Key: Te = Realistic time estimate To = Most optimistic time estimate (the Sunny […]&media=https://www.flippingheck.comwp-content/uploads/defaults/default_post_image.jpg)
The guys over at Open Loops have written a post on estimating how long it takes to complete a project (I knew algebra would come in handy one day!).
Basically you use the following formula to work out the duration:
Te=(To+4Tm+Tp)/6
Key:
- Te = Realistic time estimate
- To = Most optimistic time estimate (the Sunny Side estimate with no setbacks)
- Tp = Most pessimistic time estimate (with every obstacle happening)
- Tm = Most probable time estimate (this makes you think realistically; some setbacks happen, others don’t)
View the full article “Estimating Realistic Project Times”
- Follow Staff on:
Please Note: This post may contain affiliate links. By clicking on these links you will not be charged any extra for purchasing goods and services from our preferred partners however flippingheck.com may receive financial compensation which contributes to the running of the site. For more information please read our Advertising & Affiliate Disclosure Policy
3 Comments
July 10, 2005 at 9:43 pm
“well atleast u got the algebra if not the English ‘new’? Surely u mean ‘knew’ ;-)”
September 10, 2005 at 10:15 pm
“I new that 😉 I was just testing!”
October 10, 2005 at 4:58 pm
“I would normally add on at least 10% for contingency too!”
Privacy Overview