Glossary term
What is Three-point estimate?
In Apex Flow Academy, "Three-point estimate" means: An estimate that uses a best case, a most likely case and a worst case, and combines them into an expected number. It is taught in Project Management and Agile: Run Projects That Ship. Related terms include Float, Contingency reserve, Critical path and Management reserve.
- 1 course teaches it
- plain-word definition
The facts
What is Three-point estimate?
An estimate that uses a best case, a most likely case and a worst case, and combines them into an expected number.
Where is Three-point estimate taught?
Three-point estimate is defined in Project Management and Agile: Run Projects That Ship.
Which lessons cover Three-point estimate?
These lessons name it in their title or objectives:
- Project Management and Agile: Run Projects That Ship, lesson 3.2: Estimate How Long Each Activity Takes
Which terms are related to Three-point estimate?
Next to Three-point estimate in the course glossaries: Float, Contingency reserve, Critical path, Management reserve, Dependency, Risk, Change request and Expected monetary value (EMV).
FloatContingency reserveCritical pathManagement reserveDependencyRiskChange requestExpected monetary value (EMV)
The hard questions, answered straight
Bold questions people really ask. Each answer comes from the course data or a settled Academy fact.
Do I need experience before I learn Three-point estimate?
It depends on the course. Each course that teaches it lists its own prerequisites, and all are listed at beginner level:
- Project Management and Agile: Run Projects That Ship: None. You do not need any project management experience.