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Using Estimating Probabilities in Software Projects

3 December 2012 No Comment

In this article, Markus Sprunck explores the benefits of estimating probabilities in project management. He explains that deviations in projects estimations lead to systematic over-or underestimation of the project efforts. Probabilities are seldom used in project management due to the lack of tools that integrate this concept in their computations. A link is provided to download a software that can do computation with probability distribution.

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