The methodology of discrete-event simulation provides a promising alternative to solving complicated construction systems. Given the level of uncertainty that exists in the early estimation phase of mega-projects regarding cost and risk, project simulations have become a central part of decision-making and planning. In this paper, an attempt is made to compare the output generated by a model constructed under the Monte Carlo framework with that of Discrete-Event Simulation to determine the similarities and difference between the two methods. To achieve this, the Simphony modeling (DES) environment is used. The result is then compared to a Monte Carlo simulation conducted by Golder Associates.
| Identifer | oai:union.ndltd.org:TORONTO/oai:tspace.library.utoronto.ca:1807/24612 |
| Date | 27 July 2010 |
| Creators | Nahrvar, Shayan |
| Contributors | McCabe, Brenda |
| Source Sets | University of Toronto |
| Language | en_ca |
| Detected Language | English |
| Type | Thesis |
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