Global Project Management Forum 2026

An introduction to Monte Carlo simulation for capital projects.

You saw the method in the session. This short video shows the engine behind it: how simulation turns single point estimates into ranges, and how those ranges answer the question a project board actually asks.

• What a simulation actually does to a schedule and a cost estimate
• Why risks and uncertainties enter the model in different ways
• How to read the S-curve and choose a confidence level you can defend