A risk manager has to Inform a project sponsor of the expected duration of an entire project. The project has three main tasks, each with different probabilities of duration. Which analytical tool should the risk manager use?
Monte Carlo simulation is definitely the way to go here. It's the only tool that can handle the different probabilities and durations of the project tasks.
Jina
5 days agoCristy
8 days agoFrancis
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25 days ago