STR N421 - Lecture 8 - 2011

# Drmagedezzatgeorgy what what it does assume we create

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Unformatted text preview: ly Then the resulting project duration will be 12 days. Dr. Maged Ezzat Georgy What What it Does… Assume we create a second scenario, third scenario, etc., until 100 scenarios. We can end up with a table like the following one... Dr. Maged Ezzat Georgy What it Does… Simulation Run Run Activity A Activity B Activity C Project Duration Duration 1 2 7 3 12 2 3 5 2 10 3 3 7 6 16 … … … … … … … … … … 100 1 6 2 9 Dr. Maged Ezzat Georgy What What it Does… What if you were interested to know… “The chances that you complete this job within 12 The working days” Simply go back to the table. Count how many scenario had of 12 days or less. Dr. Maged Ezzat Georgy What it Does… Simulation Run Run Activity A Activity B Activity C Project Duration Duration 1 2 7 3 12 2 3 5 2 10 3 3 7 6 16 … … … … … … … … … … 100 1 6 2 9 Dr. Maged Ezzat Georgy What What it Does… If you find 80 or 90 scenarios with 12 days or less… There There is high chance of completing it within the 12 day period. If you find 10 or 20 scenarios with 12 day...
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