Project Management

Task Duration Estimation Template


Format: Test Scenario

This Excel template is to be used in conjunction with the article Task Duration Estimation: A Simple Solution, which provides an explanation of three-point estimates and simple triangle probability distribution. Along with this accompanying Microsoft Excel spreadsheet, they can be used to conduct a Monte Carlo simulation. This will provide a statistically reliable method of estimating the minimum required time to schedule for any task so that its chance of success falls within a given confidence parameter.



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