"The PERT formula is mentioned in the 4th edition PMBOK® as a tool and
technique of two processes—Estimate Activity Durations and Estimate
Costs. The formula provides a weighted estimate—and the formula
doesn't care if the numbers you use represent time or money—so that's
why it's in both the PMBOK's Time and Cost knowledge areas."
More here....
http://www.pmhub.net/wp/2011/02/david-kohrell-pmp-pert-formula/
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