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Activity B 10 15 20 Activity H 15 18 20 22 24
Probabilit Probabilit
y 0.3 0.4 0.3 y 0.2 0.1 0.4 0.1 0.2
Activity C 30 33 35 38 42 Activity I 7 10 12
Probabilit Probabilit
y 0.1 0.2 0.3 0.3 0.1 y 0.2 0.6 0.2
Activity D 16 18 20 22 25 Activity J 27 30 33 36
Probabilit Probabilit
y 0.2 0.1 0.3 0.2 0.2 y 0.1 0.4 0.3 0.2
Simulation Approach
Contd.
Use Excel Function rand() to
generate activity times
Project Monitoring &
Control
Rohit kapoor
Result from WBS
Activities, Time, Cost & Labor
Requirements
A Network
2, 60 5
3, 75
2
2, 40
4, 60 5, 50
6
4 1, 40
1
4, 80
2, 50 8
5, 100
3, 60
3 7
Time Scaled Network
(Early Start)
Time 1 2 3 4 5 6 7 8 9 10 11 12 Months
30 25
5
20 15 10 40
1 2 4 6 8
20
25 20 20
3 7
Cost 45 45 85 85 80 80 55 30 30 30 10 40 K Rs./Month
Cum. Cost 45 90 175 260 340 420 475 505 535 565 575 615 K Rs.
Time Scaled Network
(Late Start)
Time 1 2 3 4 5 6 7 8 9 10 11 12 Months
30
25
5
20 15 10 40
1 2 4 6 8
20
25 20 20
3 7
Cost 20 20 40 40 35 35 60 80 75 75 75 60 K Rs./Month
Cum. Cost 20 40 80 120 155 190 250 330 405 480 555 615 K Rs.
Monitoring
Indicators of project progress
Performance
Time
Cost
There has to be a common reference
for
A-B-C Curves