IDEAS home Printed from https://ideas.repec.org/h/wsi/wschap/9789814759380_0005.html
   My bibliography  Save this book chapter

Monte Carlo Schedule Risk Analysis

In: Project Risk Analysis Made Ridiculously Simple

Author

Listed:
  • Lev Virine
  • Michael Trumper

Abstract

Monte Carlo simulations of project schedules have become one of the foundations of quantitative project risk analysis. In this chapter, we will learn everything you need to know about Monte Carlo simulations and how to perform them, even if you have never heard about it before. This will include a number of important concepts related to the Monte Carlo methodology, such as statistical distributions, sampling, conversions, and more.

Suggested Citation

  • Lev Virine & Michael Trumper, 2017. "Monte Carlo Schedule Risk Analysis," World Scientific Book Chapters, in: Project Risk Analysis Made Ridiculously Simple, chapter 5, pages 67-90, World Scientific Publishing Co. Pte. Ltd..
    • Handle: RePEc:wsi:wschap:9789814759380_0005
    as

    Download full text from publisher

    File URL: https://www.worldscientific.com/doi/pdf/10.1142/9789814759380_0005
    Download Restriction: Ebook Access is available upon purchase.
    File URL: https://www.worldscientific.com/doi/abs/10.1142/9789814759380_0005
    Download Restriction: Ebook Access is available upon purchase.
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    More about this item

    Keywords

    Project Management; Risk Management; Risk Analysis;
    All these keywords.

    JEL classification:

    • G32 - Financial Economics - - Corporate Finance and Governance - - - Financing Policy; Financial Risk and Risk Management; Capital and Ownership Structure; Value of Firms; Goodwill
    • D81 - Microeconomics - - Information, Knowledge, and Uncertainty - - - Criteria for Decision-Making under Risk and Uncertainty

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wsi:wschap:9789814759380_0005. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Tai Tone Lim (email available below). General contact details of provider: http://www.worldscientific.com/page/worldscibooks .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.