Project Management

PERT Variance & Project Probabilities

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April 22, 2025 11:00 AM EDT (UTC-4)

Platform: Zoom
Capacity: 5000
Duration: 60 min
Presenter: Daniel Grotte


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Overview

Traditional scheduling methods often fail to address uncertainty and variability in project timelines. This webinar shifts beyond basic PERT applications, focusing on advanced statistical techniques that provide data-backed answers to time-sensitive project questions. Attendees will explore variance calculations, z-score methodologies, and probability distributions to assess the feasibility of completing a project ahead of schedule. Using real-world case studies, we will demonstrate how to compute and interpret probability-based forecasts to enhance decision-making in complex projects.

Learning Objectives

Attendees will explore variance calculations, z-score methodologies, and probability distributions to assess the feasibility of completing a project ahead of schedule. Using real-world case studies, we will demonstrate how to compute and interpret probability-based forecasts to enhance decision-making in complex projects.
This webinar qualifies for the following PDUs:
  Ways of Working Power Skills Business Acumen Total
PMP/PgMP 0.75 0.00 0.25 1.00
CAPM 0.75 0.00 0.25 1.00
PMI-ACP 0.75 0.00 0.25 1.00
PMI-SP 0.75 0.00 0.25 1.00
PMI-RMP 0.75 0.00 0.25 1.00
PfMP 0.00 0.00 0.25 0.25
PMI-PBA 0.00 0.00 0.25 0.25
DASM 0.75 0.00 0.25 1.00
DASSM 0.75 0.00 0.25 1.00
DAC 0.75 0.00 0.25 1.00
DAVSC 0.75 0.00 0.25 1.00
PMI-CP 0.75 0.00 0.25 1.00
PMI-PMOCP 0.75 0.00 0.25 1.00
PMI-CPMAI 0.75 0.00 0.25 1.00


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