#546 €3.6M or €4.8M? Three Point Estimation with PERT for Construction Costs

The podcast highlights how the PERT three point
estimation improves transparency and reliability in construction
cost forecasting. It explains how expected value
standard deviation and the eighty four percent level are
interpreted and how they support better budget decisions. Using a
reinforced concrete shell example the calculation is explained
clearly and its relevance for contractors planners investors and
project leaders in project controlling is outlined.