PERT Calculator
Find a PERT time estimate and its standard deviation.
PERT estimates a task's duration by weighting three scenarios.
The math behind it
Expected time = (optimistic + 4 x most likely + pessimistic) / 6. SD = (pessimistic - optimistic) / 6.
Worked example
O 4, M 6, P 12 give an expected 6.67 with SD 1.33.
FAQ
Why weight the most likely by 4?
It reflects that the realistic estimate is the most probable outcome.