Probabilistic Problem Scheduling by Pinnacle Strategies Just One Rapid Deployment Method
Probabilistic project scheduling uses knowledge of the variation in project tasks and the project environment (project risks) to make a quantitative prediction of a range of project outcomes. Instead of providing a fixed date to answer the question, “When will the project be completed?” probabilistic scheduling provides an answer with a range of certainty, i.e., “There is a 50% chance of project completion by date x or sooner, and a 90% chance of achieving it by date y or sooner.”
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