What is one advantage and one disadvantage of Monte Carlo analysis for predicting a project schedule?

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Contemporary Project Management

ISBN: 978-1285433356

3rd edition

Authors: Timothy Kloppenborg

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Question Posted: Oct 21, 2015 01:56 AM

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What is one advantage and one disadvantage of Monte Carlo analysis for predicting a project schedule?

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One advantage of Monte Carlo analysis is the flexibilit...View the full answer

Contemporary Project Management

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