Time Estimate Variance & Standard Deviation - PMS | 10 marks | pp4
ravirnandi ravirnandi
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 Published On Jun 24, 2023

#dcte #gptbagepalli #ravirnandi #TimeEstimate #Variance #StandardDeviation #ProjectManagementSkill #KarnatakaDiploma #ProjectManagementConcepts #DiplomaExamPreparation


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Welcome to our YouTube video on "Calculation Time Estimate, Variance, and Standard Deviation in Project Management Skill." In this video, we will guide you through the step-by-step process of calculating time estimates for project tasks, as well as understanding variance and standard deviation in project management.

Here's a breakdown of the video content with time stamps:

0:00 - Introduction
1:41 - Importance of Time Estimate in Project Management
5:33 - Step-by-step Procedure to Calculate Time Estimate
8:17 - Understanding Variance in Project Management
11:15 - Problem 1 - Time Estimate with Network Diagram
13:05 - Using calculator
16:47 - Network Diagram
19:06 - Problem 2 | variance and Standard Deviation
24:35 - Final Standard Deviation Calculation

By the end of this video, you will have a clear understanding of how to calculate time estimates, variance, and standard deviation in project management. These skills are crucial for effective project planning and scheduling.

Don't forget to like, comment, and subscribe to our channel for more informative videos on project management skills. Click the link below to download the notes related to this topic:

https://shorturl.at/DJPY1

Thank you for watching, and let's dive into the world of project management excellence!

#ProjectPlanning #Scheduling #ResourceAllocation #RiskAssessment #ProjectManagementTechniques #StatisticalAnalysis #KarnatakaDiplomaStudents #ProjectManagementSkills #DiplomaCourse
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