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
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DOI - Digital Object Identifier
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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
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Czech description
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Classification
Type
D - Article in proceedings
CEP classification
AE - Management, administration and clerical work
OECD FORD branch
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Result continuities
Project
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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
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e-ISSN
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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
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