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Activity estimates
 
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Activity estimates

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Evgueni Kolossov
(@ekolossov)
Posts: 566
Contributor
Topic starter
 
[#279]

Hi,
It will be good to have duration splitted into min/expected/max with an option to add the formulae to calculate min & max automatically, like for example: min = expected - 20% or more complicated way to calculate using simple operators and expected value

Regards,
Evgueni


 
Posted : 16 Dec 2011 19H00
Klaus
(@climb4fun)
Posts: 449
Contributor
 

Hi all,

let me chip in following:

To my knowledge this is called "Three-Point-Estimate".
Formula: Most reliable estimation = (best-case estimate + (4*most likely estimate) + worst-case estimate) / 6

Klaus


 
Posted : 16 Dec 2011 19H44
(@babynus)
Posts: 14952
Member Admin
 

Hi Evgueni,

I don't catch your point of view.
What would you expect if you get min/max values for duration (expected is the one your enter today in the tool) ?
This could not possibily be used for planning :
- planning fixed duration activities need one only duration
- planning work based activities calculate expected duration (planned) based on left work and resource availability, ther is no min/max available.
- taking into account dependences can only take into axccound one duration for the predecessor, otherwise it's not possible to set the start date of the successor...


 
Posted : 17 Dec 2011 19H25
Evgueni Kolossov
(@ekolossov)
Posts: 566
Contributor
Topic starter
 

"planning fixed duration activities need one only duration" - this is my point:
http://office.microsoft.com/en-us/project-help/use-a-pert-analysis-to-estimate-task-durations-HA010113082.aspx

Regards,
Evgueni


 
Posted : 19 Dec 2011 11H03
(@babynus)
Posts: 14952
Member Admin
 

Hi,

You have many ways to gather information to estimate durations. However, most of these methods don't enable you the flexibility of analyzing best-case and worst-case scenarios.

...it's Project'Or RIA's case.

A Program, Evaluation, and Review Technique (PERT) analysis gives you this flexibility.

...and Project'Or RIA does not implement PERT analysis.
Planning in Project'Or RIA is kept as simple as undertandable as possible. No complex algorythm. Only what could be done in an Excel sheet...but automaticated, based on workload (tasks are effort driven).

Duration is only used for fixed duration tasks.
If you want to establish duration calculation from a specific method, then why not calculate it, the way you like, and enter this value in duration field ?


 
Posted : 19 Dec 2011 23H08
Evgueni Kolossov
(@ekolossov)
Posts: 566
Contributor
Topic starter
 

Thanks - very clear

Regards,
Evgueni


 
Posted : 20 Dec 2011 10H57
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