Blog Posts: July 2018

Robust Critical PathAnalysis using Monte Carlo SimulationDr P.G. Rowe, Senior ConsultantIn project management a PERT (Programme Evaluation and Review Technique) diagramshows which tasks are required to have been completed before others arestarted.A simple example of a PERT diagramfor sourcing and installing a new kitchen is shown below:For each activity we can calculatestart and end-time metrics.We use the following notation andscheme:By identifying process steps withno slack in them (zero float....