Simulation Project Management by Modified Gaussian S-Curve

Abstract

Contemporary project management rises to the level of various associative groups, going beyond project management (PM) in a specific, defined activity. Processes not directly related to one activity are becoming more important. Planning a process group by cash-flow methods or S-curve defines the given process one-dimensionally, while using modified Gaussian curve enables process simulations with two-dimensional or 3D modeling. Any financial condition of the project is modeled or simulated by two variable function and today’s popular iterative numerical mathematical methods suitable for software mathematics, i.e. computer operations, depending on duration and cost or amount of project investment. Therefore, using a new method of Modified Gaussian S-Curve (MGSC) for modeling and simulating creates an nM model of project execution with the possibility of PM initial optimization and monitoring process group. Future project reliability is measured and regulated by given MGSC inverse curves.

Full document