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:
 
PMP/PgMP
CAPM
PMI-ACP
PMI-SP
PMI-RMP
PfMP
PMI-PBA
DASM
DASSM
DAC
DAVSC
PMI-CP
PMI-PMOCP
PMI-CPMAI
0.75
0.75
0.75
0.75
0.75
0.00
0.00
0.75
0.75
0.75
0.75
0.00
0.75
0.75
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.00
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.25
0.00
0.25
0.25
Total
1.00
1.00
1.00
1.00
1.00
0.25
0.25
1.00
1.00
1.00
1.00
0.00
1.00
1.00


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