1 / 5
Three-point estimation uses three values. What are they?
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Three-point estimation combines optimistic (best case), most likely, and pessimistic (worst case) figures.
2 / 5
What does the 'optimistic' estimate represent?
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The optimistic estimate is the shortest plausible duration assuming no problems arise.
3 / 5
The 'pessimistic' estimate accounts for what?
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The pessimistic estimate captures the time if significant problems occur.
4 / 5
PERT weights the most likely value more heavily. The common formula is?
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The PERT expected value is (Optimistic + 4×Most likely + Pessimistic) / 6, weighting the most likely case.
5 / 5
Which sentence correctly uses 'weighted average' here?
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The technique blends the three points into a weighted average that better reflects risk than a single guess.