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Category Archives for Project Budget Management

Make Your Project Estimation More Reliable, Using the PERT Method

Project Managers have many responsibilities. And one of the most difficult is Project Estimation: to predict what will happen in the future. Because projects are fraught with uncertainty.

And Project Sponsors dislike uncertainty. So they expect Project Managers to reduce it. So, they want you to manage project risks and estimate uncertain, future outcomes like:

  • How much will this project cost?
  • When will this project finish?

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