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Definition:
Activity duration estimates are quantitative assessments of the
likely number of work periods that will be required to complete
an activity.
Activity duration estimates should always include some
indication of the range of possible results. For example:
• 2 weeks ± 2 days to indicate that the activity will take at
least eight days and no more than twelve (assuming a five-day
workweek)
• 15 percent probability of exceeding three weeks to indicate a
high probability—85 percent—that the activity will take three
weeks or less.
Acceptance
Level:
Generally accepted
Alternative or
Related Terms: None
Application
Areas/Intended Uses:
Activity duration estimates are an input into schedule
development.
Chief Advantages:
Generally represents the most
accurate data available on the expected duration of a given
project activity, because it originates from the person or
persons most familiar with each activity. |