PROJECT RISK MANAGEMENT USING MONTE CARLO SIMULATION AND EXCEL

Authors

  • Wolfgang Tysiak
  • Alexander Sereseanu

DOI:

https://doi.org/10.47839/ijc.9.4.730

Keywords:

Risk management, Monte Carlo simulation, PERT, Excel.

Abstract

In every project, especially in software and IT projects, there is the need to perform an elaborated risk management. One main task that often causes problems is the quantitative risk analysis. In this article we will show how to deal with this by using a well-known standard product: EXCEL.

References

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Published

2010-12-20

How to Cite

Tysiak, W., & Sereseanu, A. (2010). PROJECT RISK MANAGEMENT USING MONTE CARLO SIMULATION AND EXCEL. International Journal of Computing, 9(4), 362-367. https://doi.org/10.47839/ijc.9.4.730

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Section

Articles