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Critical Path Method based on Fuzzy Numbers: Comparison with Monte Carlo Method

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216305%3A26510%2F13%3APU107085" target="_blank" >RIV/00216305:26510/13:PU107085 - isvavai.cz</a>

  • Result on the web

  • DOI - Digital Object Identifier

Alternative languages

  • Result language

    angličtina

  • Original language name

    Critical Path Method based on Fuzzy Numbers: Comparison with Monte Carlo Method

  • Original language description

    The Critical Path Method (CPM) is widely use for planning and control of complex projects. The CPM identifies the critical path of a network chart. The CPM requires the availability of clear defined time duration for each activity (activity time). However, thus clear defined (accurate) values are not known in real situations. There is always uncertainty about the time durations of activities. There is the PERT method which computes with uncertainties, but this method is demanding to studying and implementing. The uncertainties of the time durations of activities can be also described by fuzzy sets. This paper shows how fuzzy numbers are used to determine a critical path method in a fuzzy project network, where the duration time of each activity is expressed by a triangular fuzzy number. The described method is compared with Monte Carlo method. The comparison shows that the method described in this paper is simple to calculating a critical path than many methods (e.g. PERT) shown in lit

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

    AE - Management, administration and clerical work

  • OECD FORD branch

Result continuities

  • Project

  • Continuities

    S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2013

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Creating Global Competitive Economies

  • ISBN

    978-0-9860419-1-4

  • ISSN

  • e-ISSN

  • Number of pages

    10

  • Pages from-to

    1402-1411

  • Publisher name

    International Business Information Management Association

  • Place of publication

    Rome, Italy

  • Event location

    Roma

  • Event date

    Nov 13, 2013

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article