Monte Carlo Budgeting

Input

Reports

Explore

Reports

The

Task-level Simulation Results⁠

table shows the likelihood of completing each task and all previous ones within the budget given in

@Budget⁠

Task-level Simulation Results

Task-level Simulation Results

Name

Mandatory

Effort

Likelihood of Finishing Within Budget

Notes

There are no rows in this table

⁠

The

Likelihood of Completion⁠

table gives the likelihood of completing all mandatory tasks with the

@Budget⁠

as well as the likelihood of completing all tasks (mandatory and optional) within the

@Budget⁠

Likelihood of Completion

Likelihood of Completion

Class

% Likelihood

Mandatory tasks only

80.3%

All tasks

20.2%

There are no rows in this table

⁠

The

Mandatory Task Cost Percentiles⁠

table shows a variety of likelihoods of completing all mandatory tasks (Percentile column) within the corresponding budgets (Cost column). For example, there is a 20% chance that the project gets completed within a budget of

$2,180.00

⁠

Mandatory Task Cost Percentiles

Mandatory Task Cost Percentiles

Percentile

Cost

$1,860.00

10%

$1,975.00

20%

$2,180.00

50%

$2,625.00

80%

$3,170.00

90%

$3,475.00

95%

$3,705.00

There are no rows in this table

⁠

The

Mandatory Tasks Likelihood Histogram⁠

histogram shows the percentage of samples that fell within each budget range, which represents the likelihood of the project being completed within that budget range.

Mandatory Tasks Likelihood Histogram

Mandatory Tasks Likelihood Histogram

⁠

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