Project Simulation

  • Reference: PN-429-E

  • Number of pages: 16

  • Publication Date: Dec 20, 2002

  • Fecha de edición: Jun 10, 2004

  • Source: IESE (España)

  • Type of Document: Technical Note

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Description

This note allows the simulation of a PERT-CPM network system, using Montecarlo techniques. It has been limited in scope, and it deals only with Beta or triangular, Normal and Uniform duration probability density functions. The workbook assumes the basic CPM data on activities durations and precedence relations have been entered and saved in a standard MS-Project format. The user is expected to import the data from the corresponding MS-Project file and complement them with the estimates on the duration of the activities subject to uncertainty.

Keywords

Planning Project management