www.PDHonline.com - Your Gateway to Lifelong Learning   |   Email: PDHonline@Gmail.com   
PDH Online Course Description PDH Units/
Learning Units (Hours)

Buy Now

View Course

View or Take Quiz


Monte Carlo Simulation of Project Schedules

Brian Steve Smith, PE, PMP, MBA

The course introduces the application of Monte Carlo simulation techniques to project schedules to estimate a probability-weighted range of possible completion dates. Project managers and investors often use Monte Carlo simulation to quantify the risks inherent in project economics or investment portfolios, and the same techniques may be applied to analyze and manage project schedule risks. Building upon a simple “point-case” project schedule, the course applies “stochastic” modeling tools and techniques to generate a closer approximation of real-world results through Monte Carlo simulation.

This course includes a multiple-choice quiz at the end, which is designed to enhance the understanding of the course materials.

View Course Content

NY PE & PLS: You must choose courses that are technical in nature or related to matters of laws and ethics contributing to the health and welfare of the public. NY Board does not accept courses related to office management, risk management, leadership, marketing, accounting, financial planning, real estate, and basic CAD. Specific course topics that are on the borderline and are not acceptable by the NY Board have been noted under the course description on our website.

AIA Members: You must take the courses listed under the category "AIA/CES Registered Courses" if you want us to report your Learning Units (LUs) to AIA/CES. If you take courses not registered with AIA/CES, you need to report the earned Learning Units (not qualified for HSW credits) using Self Report Form provided by AIA/CES.