If to, tp and tm are the optimistic, pessimistic and most likely time estimates of an activity respectively, then the expected time ‘t’ of the activity will be:

1
\(\frac{{{t_o} + {t_p} + {t_m}}}{3}\)
2
\({{{t_o} + {t_p} + 3{t_m}}}{5}\)
3
\(\frac{{{t_o} + {t_p} + 2{t_m}}}{4}\)
4
\(\frac{{{t_o} + {t_p} + 4{t_m}}}{6}\)

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