Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.

This study was done to investigate the criticisms that PERT has received from researchers. The assumptions made in the procedures seem to cause the inaccurate results that users often get. A number of modifications have been made to the original procedure, resulting in methods like PNET. These circu...

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Main Authors: Lim, Soon Chung., Ng, John Teck Huat., Sia, Yee Boon.
其他作者: Walker, John
格式: Final Year Project
出版: 2008
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在線閱讀:http://hdl.handle.net/10356/10717
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機構: Nanyang Technological University
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spelling sg-ntu-dr.10356-107172023-05-19T06:09:01Z Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation. Lim, Soon Chung. Ng, John Teck Huat. Sia, Yee Boon. Walker, John Nanyang Business School DRNTU::Business::Management::Mathematical models This study was done to investigate the criticisms that PERT has received from researchers. The assumptions made in the procedures seem to cause the inaccurate results that users often get. A number of modifications have been made to the original procedure, resulting in methods like PNET. These circumvent the inherent deficiencies in the original method and give more accurate results. It is also possible to employ Monte Carlo simulation as an alternative to the original PERT method. 2008-09-24T07:46:46Z 2008-09-24T07:46:46Z 1999 1999 Final Year Project (FYP) http://hdl.handle.net/10356/10717 Nanyang Technological University application/pdf
institution Nanyang Technological University
building NTU Library
continent Asia
country Singapore
Singapore
content_provider NTU Library
collection DR-NTU
topic DRNTU::Business::Management::Mathematical models
spellingShingle DRNTU::Business::Management::Mathematical models
Lim, Soon Chung.
Ng, John Teck Huat.
Sia, Yee Boon.
Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.
description This study was done to investigate the criticisms that PERT has received from researchers. The assumptions made in the procedures seem to cause the inaccurate results that users often get. A number of modifications have been made to the original procedure, resulting in methods like PNET. These circumvent the inherent deficiencies in the original method and give more accurate results. It is also possible to employ Monte Carlo simulation as an alternative to the original PERT method.
author2 Walker, John
author_facet Walker, John
Lim, Soon Chung.
Ng, John Teck Huat.
Sia, Yee Boon.
format Final Year Project
author Lim, Soon Chung.
Ng, John Teck Huat.
Sia, Yee Boon.
author_sort Lim, Soon Chung.
title Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.
title_short Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.
title_full Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.
title_fullStr Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.
title_full_unstemmed Evaluation of Program Evaluation and Review Technique (PERT) for project management using Monte Carlo Simulation.
title_sort evaluation of program evaluation and review technique (pert) for project management using monte carlo simulation.
publishDate 2008
url http://hdl.handle.net/10356/10717
_version_ 1770563828962033664