PERT estimates activity duration using optimistic, most-likely, and pessimistic values to produce an expected time and variance, handling uncertainty better than single-point estimates. This is the PERT Estimation from the Stratenity Library, a governed strategic execution asset that is already built for you. It gives your team the full working method for PERT estimation, and it walks through everything from three-point estimates: optimistic, most likely, pessimistic to the project duration distribution. Every asset ships with a worked client example, a clear RACI, defined KPIs, and governance you can defend, so your team adapts it to a live client engagement instead of starting from a blank page.
What this asset covers
This is a preview of the full deliverable. Inside the Stratenity Library, this asset walks your team through the complete method, section by section, with a worked client example threaded throughout.
- Estimating Under Uncertainty
- PERT versus CPM
- Three-Point Estimates: Optimistic, Most Likely, Pessimistic
- The PERT Expected-Time Formula
- Variance and Standard Deviation of an Activity
- The Network and the Expected Critical Path