[kplato] definitions of effort and risk

[bilbo]

On 21 Jun 2001, at 20:15, Jim Sabatke wrote:

> I guess the tabs didn't expand well for you.  Sorry.

My problem, probably, but I try to avoid tabs :-)
> 
> Most PM software expects the user to enter either:
> 
> 1.    E(p), E(e) and E(o)
> 2.    E(p), E(o) and a std. dev. value, which is way above most PM's 
> (IMHO) to use correctly.
Isn't that assuming symmetrical distribution of E(p) and E(o)?

> 
> You are correct that the values would be entered based on experience.  I 
> am actually trying to create something more intuitive to the average PM 
> by adding a risk factor column.  The PM wouldn't need the math, just a 
> comparative judgement call (high/low/normal risk).

The sw person in me wants to try to fit E(p,o,e) to a curve and 
calculate the risk from that. I don't think that's going to work.

Thanks for explaining that.
regards,
        Bill