simmantix
Nuclear
- Apr 30, 2003
- 31
Hi all of you out there..
I am currently inverstigating putting together a little spreadsheet in Excel or similar that will do Monte Carlo simulation's for projects.
This means that you find the critical path of the project and input ideal, optimistic and pessimistic duration for each task and the spreadsheet will then 'simulate' any number of possible total project durations and give you a analysis at the end for example - project is 95% likely to take X days, etc.
Is this of any interest to anyone, has it been done before and is it worth my time?
Yours input and/or suggestions would be appreciated.
S
I am currently inverstigating putting together a little spreadsheet in Excel or similar that will do Monte Carlo simulation's for projects.
This means that you find the critical path of the project and input ideal, optimistic and pessimistic duration for each task and the spreadsheet will then 'simulate' any number of possible total project durations and give you a analysis at the end for example - project is 95% likely to take X days, etc.
Is this of any interest to anyone, has it been done before and is it worth my time?
Yours input and/or suggestions would be appreciated.
S