Monthly Archives: August 2015

W25_HMIP_Earned Value Management Probabilistic Forecasting using Monte Carlo Simulation of Project A in PT ABC.


1. Problem Definition Continue from Blog W21 after choosing Project A using Monte Carlo Simulation. Project Manager of PT ABC were requested by CEO to Earned Value Management calculation using Monte Carlo simulation of Project A in order to more … Continue reading

Posted in Tak Berkategori | 1 Comment

W23_HI_Analytic Hierarchy Process


Problem Definition In this blog, I would like to analyze the same case study as in my previous W3 Blog, bid evaluation, using Analytic Hierarchy Process (AHP), and comparing the result. Development of Feasible Alternatives Based on W3 Blog, the … Continue reading

Posted in Tak Berkategori | 2 Comments

W24_EY_Estimate Project Contingency Using Range Estimating for Project XYZ


Problem Definition After finishing Class 4 cost estimate for Floating Production Facility, project XYZ, as per procedure and estimating process, estimator required to develop cost risk and contingency analysis. In this case Author will do the contingency analysis using range … Continue reading

Posted in Tak Berkategori | 1 Comment

W24_RD_ Systematic Risk of Shares – Beta Analysis


  1.      Problem Definition Due to current market condition and interested with several article related with the Beta stock as an analysis of systematic risk of shares relative to market risk, then some idea accross our mind, “Hey … why … Continue reading

Posted in Tak Berkategori | 1 Comment

W23_RD_Contract Preparation (Part 7: Bank Loan – Contractor Side)


  Problem Definition Refer to previous blogs, Contractor XYZ planned to funding the Project with 65% from total cost $1,000,000 or $650,000 coming from the Bank Loan. Currently the Commercial Team identified 3 Bank who willing to offer the loans … Continue reading

Posted in Tak Berkategori | 1 Comment

W23_EY_Project Schedule Acceleration Using Network Crashing


Problem Definition Due to timeframe submission of CAPEX Project Cost Estimate had been changed become shorter than actual plan, estimator team requested by Management to check the schedule to accelerate this requirement. Some of the work scope to prepare the … Continue reading

Posted in Tak Berkategori | 1 Comment

W24_HMIP_Integrated Cost & Schedule Risk Analysis using Monte Carlo Simulation of Project A Cost & Schedule in PT ABC.


1. Problem Definition Continue from Blog W21 after choosing Project A using Monte Carlo Simulation. Project Manager of PT ABC were requested by CEO to conduct Integrated Cost & Schedule Risk Analysis of Project A in order to more comprehend … Continue reading

Posted in Tak Berkategori | 2 Comments