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A More Realistic Timeline Part II

Watch Professor Yael Grushka-Cockayne explain the risk and variability that we may face in our schedule.

In this video, Professor Yael Grushka-Cockayne continues to discuss schedule risks analysis using the start-up example. She explains how to come up with complete probability distributions for an overall project duration using Excel.

Once you’ve finished watching this video, proceed to the Tutorial for Using Monte Carlo Simulations video where Professor Yael Grushka-Cockayne walks you through an example.

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Fundamentals of Project Planning and Management

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