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I did a project with non-technical stakeholders modeling likely completion dates for a big GANTT chart. Business stakeholders wanted probabilistic task completi
by pertdist 1y ago
I did a project with non-technical stakeholders modeling likely completion dates for a big GANTT chart. Business stakeholders wanted probabilistic task completion times because some of the tasks were new and impractical to quantify with fixed times.
Stakeholders really liked specifying work times as t_i ~ PERT(min, mode, max) because it mimics their thinking and handles typical real-world asymmetrical distributions.
[Background: PERT is just a re-parameterized beta distribution that's more user-friendly and intuitive https://rpubs.com/Kraj86186/985700 https://rpubs.com/Kraj86186/985700]
- baq 1y agoarguably this is how it should always be done, fixed durations for any tasks are little more than wishful thinking.
- kqr 1y agoThis looks like a much more sophisticated version of PERT than I have seen used. When people around me have claimed to use PERT, they have just added together all the small numbers, all the middle numbers, and all the big numbers. That results in a distribution that is too extreme in both lower and upper bound.
- baq 1y agothat... is not PERT. it's 'I read a tweet about three point estimates' and I'm using a generous interpretation of read