Register now or log in to join your professional community.
Monte Carlo is used most of the time.
It is nothing but Monte Carlo...
Most companies use MS project Software which use the PERT program "technical evaluation and review programs" in their compilation
PERT is most scheduling technique is being used in these years
The most schedule simulation used is the Monte Carlo predictive analysis
Monte Carlo Analysis is used for schedule simulations
Project Evaluation and Review Techniques
Monte Carlo simulations are used to model the probability of different outcomes in a process that cannot easily be predicted due to the intervention of random variables. It is a technique used to understand the impact of risk and uncertainty in prediction and forecasting models
Most schedule simulations are based on Monte Carlo Analysis
