PERT Variance & Project Probabilities
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.
Presenter: Daniel Grotte
PDUs: 0.75 Ways of Working | 0.25 Business Acumen