—The advanced sampling and variance reduction techniques as efficient alternatives to the slow crude-MC method have recently been adopted for the analysis of timing yield in digital circuits. However, these techniques, the Quasi-MC method and the order-statistics base estimator, are prone to bias or negligible improvement upon the crude-MC method when an early-stage timing analysis with few (10s) simulation iterations can be afforded. In this paper, these issues are studied and a control variate-base technique is developed to accurately estimate the moments of circuits’ critical delays with very few timing simulation iterations. A skew-normal distribution is then used to form a closed-form cumulative distribution function of timing yield. Analysis of the benchmark circuits shows 3-10X reduction of the confidence interval ranges of the estimated yield compared to the crude-MC translating to 9-100X reduction in the number of samples for the same analysis accuracy.