Traditional project management tools and other revised tools are limited in representation of the problem and in dealing situation dynamically. This paper details the use of Petri nets as a graphical and mathematical modeling and simulation tool in project management. In this context, the benefits of Petri nets are indicated. A Petri net aided software, a PETRI-PM is developed to model, simulate and analyze the project. Extensions to make Petri nets suitable for project management applications are proposed. The use of a PPC-matrix for token movements is proposed. The paper also discusses the implications of model and the analysis it supports. The usefulness of the software is exemplified with a case study. © 2008 Science Publications.
Kumanan, S., & Raja, K. (2008). Modeling and simulation of projects with Petri nets. American Journal of Applied Sciences, 5(12), 1742–1749. https://doi.org/10.3844/ajassp.2008.1742.1749