PROJECT RISK MANAGEMENT WITH MONTECARLO SIMULATION
PROJECT RISK MANAGEMENT WITH MONTECARLO SIMULATION
Jakarta | 9 Juli 2010| 8.00 AM – 5.00 PM | Rp. 2.500.000,-
Jakarta | 13 Agustus 2010 | 8.00 AM – 5.00 PM | Rp. 2.500.000,-
Jakarta | 3 September 2010 | 8.00 AM – 5.00 PM | Rp. 2.500.000,-
Background
Simulation often leads to a better understanding of the real system. Years of experience in the real system can be compressed into seconds or minutes. Simulation does not disrupt ongoing activities of the real system. Simulation can be used when data is hard to come by. Simulation can provide a more realistic replication of a system than mathematical analysis.
Simulation can be used to analyze transient conditions, whereas mathematical techniques usually cannot. Simulation considers variation and can calculate confidence intervals of model results.
Simulation can model a system with multiple phases. Simulation can model a system when it is already in a steady-state (i.e., can initialize the system with the beginning queue, beginning inventory, etc.!). Simulation can also test a “range” of inputs to perform what-if/sensitivity analysis
Benefits
- Understand how to simulate model
- Understand how to use software
Key Topics
- Simple Statistic and Probability
- Probability
- Descriptif and inferensial statistics with Excel
- Statistics distribution with Excel
- Monte Carlo Introducing
- what is Simulation
- what is Monte Carlo Simulation
- Advantage of Monte Carlo
- Monte Carlo Simulation and Crystal Ball Software
- simulation without Monte Carlo
- Cost and scheduling
- Cases using Monte Carlo Simulation
- Risk analysis with EVM
- PERT
Mode Delivery
- Lecture,
- Discussion, and
- Practice with software
Participants
- Risk analysis/head of project/owner of project (project management)
- Financial analysis (finance)
- Marketing research
- Operating management (industrical products)
- etc who face with uncertenty
Instructure
Hermawan Setiawan
Master di bidang Statistic dan research Consultant
Duration
1 Day (8 am – 5pm)
Investment
Rp. 2.500.000
Venue/Date
Setiabudi Building 2 Kuningan, Jakarta – Semeru Room
- 12 Februari 2010
- 11 Maret 2010
- 16 April 2010
- 6 Mei 2010
- 11 Juni 2010
- 9 Juli 2010
- 13 Agustus 2010
- 3 September 2010
- 1 Oktober 2010
- 4 November 2010
- 3 Desember 2010
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