Using Estimating Probabilities in Software Projects

In this article, Markus Sprunck explores the benefits of estimating probabilities in project management. He explains that deviations in projects estimations lead to systematic over-or underestimation of the project efforts. Probabilities are seldom used in project management due to the lack of tools that integrate this concept in their computations. A link is provided to download a software that can do computation with probability distribution.