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Phase Planning using Monte carlo

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Sankar Vijayan
User offline. Last seen 11 weeks 3 days ago. Offline
Joined: 21 Sep 2010
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Dear all,

I have a following doubt can any give me suggestion how to do that,

I have 1 master project with me .it Consists of 3 Phases .I want to calculate the project duration,ie the best duration .

I like to know how Monte carlo Analysis fit in it.If i give a range of values as input ,ie max & min time for each phase it might give range of output.but my doubt is how good is it(duration)? These 3 phases are dependent each other.

 

Regards

Sankar Vijayan