DownloadMonte Carlo analysis is an enhancement to CPM and PERT methods built into MS Project. It enables project manager to run statistical simulation of possible project outcomes based on optimistic, pessimistic and most likely estimates.
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GNU General Public License version 2.0 (GPLv2)Follow Monte Carlo Analysis for MS Project
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This is an excellent "starting point" Monte Carlo schedule risk analysis solution for Microsoft Project from which to make further enhancements.