We’re always looking for great resources to share. Below we’ve identified a few things we think are helpful for you. Please check back often. (Click on the book graphic or the title for more information or to buy from Amazon.)
Full Monte User Conferences
Presentations from the 2014 Full Monte User Conference
Heuristic Schedule Modeling Using Full Monte How to Set Better Limits Based on Actual Performance.
Angelo J. Arcoleo, PMP
All too often we set general limits to schedule tasks when preparing for a Monte Carlo Analysis. Even when complex teams are working on …More >
Bill Flanagan, MBA, PE, PMI-RMP, PMP
Forty years of experience of managing projects and Project Management Offices has taught me that Project Managers and their teams …More >
My end milestone does not make sense; how to assess and repair an unhealthy IMS.
Warren Fitch, MBA, PMP
The Integrated Master Schedule (IMS) provides the framework for planning, time-phasing, and coordinating all project efforts into a …More >
Full Monte and Schedule Inspector in the Government Contracting Industry.
Mark Wells PMP, MCTS
Every project manager wants to build a great schedule. One that is solid structurally and with an excellent chance to be completed on time …More >
Full Monte’s Complement to Risk Based Planning Plus
Kevin Wysocki, PMP and Aubrey Beck, CAPM
Risk Based Planning Plus™ (RPB+) is a Praxis project planning methodology that uses the Full Monte software to perform Monte Carlo simulations and evaluate …More >
Books on Probability, Statistics, and Risk Analysis
Probability is just a way to measure our uncertainty, or if you like our ignorance, generally but not necessarily about the future. Any project manager concerned about the future, which is all of them, should also be concerned about uncertainty. Risk analysis tools help, but the project manager also needs to hone his understanding of probability. Below are some suggested books on the subject of probability and risk analysis.
The Flaw of Averages
by Sam Savage
This book is about the danger of basing decisions on averages — or any single-point estimates — and mentions CPM schedules as an example of the “strong flaw of averages,” i.e. the problem in its most pernicious form.
The next is a complete guide to how and why to do integrated cost and schedule risk analysis and thus the most relevant book in this list, though it was published before Full Monte was released.
The remaining books are concerned with the wider issue of risk management in projects and contain at most only relatively short references to schedule risk analysis or Monte Carlo simulation.
If you are interested in training on our software, we are pleased to offer the following options:
We can also facilitate Risk Workshops.
To learn more about the training please email Adrienne Smith firstname.lastname@example.org
These are sites we recommend and use.
MPUG is recognized as the official Industry Association for Microsoft® Project. We deliver weekly online training, deep-dive certificates, helpful articles and resources, as well as a community forum for all your Microsoft Project Questions.
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