Abstract
ABSTRACT This paper demonstrates a simulation application using Excel without add-ins in calculating PERT and CPM of a project with random activity times. PERT/CPM and PERT distribution are reviewed and PERT-distribution random number generation is discussed. The development of the simulation model is presented in detail. We take advantage of the capabilities of one-variable data table to run the simulation of the project. Our approach avoids the add-ins with little additional efforts to execute the simulation. Keywords PERT/CPM; PERT distribution; simulation
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