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Review: Full Monte – A Monte Carlo simulation solution for MS Project

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Preben Ormen's Blog: Review: Full Monte – A Monte Carlo simulation solution for MS Project

As a practising project manager, I am always interested in finding new tools to help with key task. Project planning and integrating uncertainty of estimates is one such point of interest. One way to do this is through Monte Carlo simulation and over the years a few products have appeared with varying degrees of utility, ease of use and not to say price points. These tools fall into three basic categories from the point of view of project managers. Stand alone tools like statistics packages or research applications. Generally not so easy to use for project planning. Excel plug-ins or...

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