Monte Carlo Analysis

Monte Carlo Analysis


V. Scott Burch, Ph.D., PMP

Graywood Consulting Group

PMIWDC Non-Member Rate

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About the Presentation

Identifying risk is one thing but understanding how it affects your project is critical for establishing a risk response plan. The Perform Quantitative Risk Analysis process is necessary to properly understand and account for the impact of risk on both cost and schedule on your projects. This seminar will demonstrate how to perform Monte Carlo Analysis using the software package ‘@Risk’.

Event Location

Fairview Park Marriott
3111 Fairview Park Drive
Falls Church, VA, 22042

Agenda and Cost:


Immediately before the Chapter Dinner Meeting. at 5:30pm.
Special Instructions
Preregistration is required at this PM Tools session. To ensure adequate space for our guests, we began requiring preregistration and a small fee for PM Tools in October 2011.
PDUs Available: 
1.00 PDUs for Certified PMs

About the Speakers

V. Scott Burch, Ph.D., PMP

Graywood Consulting Group

Dr. Burch is President of Graywood Consulting Group, a Washington D.C. area consulting and training firm assisting businesses in improving the success and strategic effectiveness of their project management processes and teams.

Dr. Burch has over 25 years of experience in the consulting field working for various Fortune 500 companies including IBM, NetApp and Computer Sciences Corporation on both commercial and government projects. In addition, Dr. Burch was literally part of the Internet from the beginning as the owner of one of the first Internet Service Provider (ISP) companies in California during 1990s.

Dr. Burch is also an adjunct professor of Business Administration and Management at Colorado State University Global Campus and teaching PMP exam preparation courses. He holds a B.A. in Math / Computer Science, an M.S. in Information Systems, and a Ph.D. is in Information Technology Management and is a certified PMP. He has a published journal article entitled “Critical Thinking in Project Management” and has authored several white papers including “The Role of Information Technology Services Management in Strategic Management” and “Four Strategies for Ensuring IT Project Success”.

About the PM Industry Insights

PM Industry Insights is PMIWDC's workshop series that addresses the practical aspects of Project Management.

These sessions are to provide you with insights on what is going on in the local industry so you can learn from it. This discussion-based session will include presentations on tools, industry panels, interviews with industry experts, workshops, etc. The target presenters will be individuals from PMO’s, university professors, consultants, etc. 

Both PM Industry Insights and the monthly dinner meeting are worth 1 Professional Development Unit (PDU) each to certified PMPs. Continued certification as a PMP requires the accumulation of these valuable credits and we are pleased to offer this opportunity to obtain both the important training and the educational credit associated with it.

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