Monte Carlo analysis is an enhancement to CPM and PERT methods built into MS Project. It enables project manager to run statistical simulation of possible project outcomes based on optimistic, pessimistic and most likely estimates.

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License

GNU General Public License version 2.0 (GPLv2)

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User Reviews

  • 4 out of 5 stars
    This is an excellent "starting point" Monte Carlo schedule risk analysis solution for Microsoft Project from which to make further enhancements.
  • 5 out of 5 stars
    This is a GREAT tool. I have used it for many years and urged many of my co-workers to do so as well. As a project manager it has provided the data I need to convince management that our plans are not realistic. As a programmer, my interest in maintaining the tool has helped me learn VBA.
  • 3 out of 5 stars
    When I am running the macro, I keep getting told that "The value is not valid.": Tasks(t).Number1 = SpearmanRankCorrelation(ProjectDuration, TmpVec, NN) Please help. Would be great if I could get it working.
    1 user found this review helpful.
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Additional Project Details

Operating Systems

Windows

User Interface

Win32 (MS Windows)

Programming Language

Visual Basic

Related Categories

Visual Basic Project Management Software

Registered

2008-08-12