Abstract

The prediction of project completion time, which is important in project management, is only based on an estimate of three numbers, namely the fastest, slowest, and presumably time. The common practice of applying normal distribution through Monte Carlo simulation in Program Evaluation and Review Technique (PERT) research often fails to accurately represent project activity durations, leading to potentially biased project completion prediction. Based on these problems, a different method is proposed, namely, Discrete Event Simulation (DES). The research aims to evaluate the effectiveness of the simmer package in R in conducting PERT analysis. Specifically, there are three objectives in the research: 1) develop a simulation model to predict how long a project will take and find the critical path, 2) create an R script to simulate discrete events on a PERT network, and 3) explore the simulation output using the simmer package in the form of summary statistics and estimation of project risk. Then, a library research with a descriptive and exploratory method is used for data collection. The hypothetical network is used to obtain the numerical results, which provide the predicted value of the project completion, the critical path, and the risk level. Simulation, including 100 replications, results in a predicted project completion time and a standard deviation of 20.7 and 2.2 weeks, respectively. The DES method has been proven highly effective in predicting the completion time of a project described by the PERT network. In addition, it offers increased flexibility.

Full Text
Paper version not known

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.