Project Management Glossary
Three-Point Estimating
Definition of Three-Point Estimating
An estimating technique that uses three cost or duration estimates (optimistic, most likely, and pessimistic) to account for risk or uncertainty in an activity.
Project Management Glossary
Definition of Three-Point Estimating
An estimating technique that uses three cost or duration estimates (optimistic, most likely, and pessimistic) to account for risk or uncertainty in an activity.