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Project Duration Simulation Article

An interactive article exploring uncertainty in project timelines using Monte Carlo simulations. The focus is on understanding ranges, confidence levels, and likely outcomes.

Live Version

Read the interactive article on Streamlit: View on Streamlit

Contents

  • Monte Carlo simulation of project paths
  • Visualizing likely project durations and confidence intervals

Development

If you want to run the project locally, run:

uv run streamlit run src/backlog_dynamics_modeling/main.py

Credits

Created using Streamlit.

Inspired by concepts from Monte Carlo methods, PERT, 3-point estimation, John Hull's Options, Futures, and Other Derivatives, Steve McConnell's Software Estimation.

License

© 2026 Ihor H.

  • Code: MIT License
  • Article / Text: Creative Commons Attribution 4.0 International (CC BY 4.0)

For educational purposes only. This content is not financial or legal advice.

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An interactive article exploring uncertainty in project timelines using Monte Carlo simulations. The focus is on understanding ranges, confidence levels, and likely outcomes.

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