BetaPERT

Continuous distribution with shape from expert opinion.

Parameters

Minimum: Minimum value of the distribution.

Most Likely: Mode of the distribution.

Maximum: Maximum value of the distribution.

Applications

Applied in project cost and schedule estimates from expert input, three-point capex and opex assumptions, and risk analysis in project finance and development models.

To apply Monte Carlo simulations to the inputs/outputs of your model, see the Scenarios - Monte Carlo module.

BetaPERT

Outputs

Plot: Histogram of the distribution with selected Confidence Interval.

Data: Confidence Intervals, Summary Statistics and Percentiles. See a sample Monte Carlo output.

View demo for Normal distribution

Learn the basics in 5 minutes with our Quick Start Guide. To make the most of Fontics, check out our Tips & Tricks.