Scheduling project time using the Monte Carlo simulation

Each project requires a time of realization, and the beginning of some activities can be independent or dependent on previous activities ending. Scheduling a project means determining the time of realization for the project itself. A project is a temporary effort undertaken to create a unique product, service, or result. The term project management refers to the application of knowledge, skills, tools, and techniques for the purpose of planning, managing, and controlling a project and the activities that it is composed of.

The key figure in this area is the project manager, who has the task and responsibility of coordinating and controlling the various components and actors involved in the project, with the aim of reducing the probability of project failure. The main difficulty in this series of activities is achieving the objectives set in compliance with any constraints, such as the scope of the project, time, costs, quality...