Question: There are several approaches to quantifying expected project benefits. Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help

There are several approaches to quantifying expected project benefits. Which of the following uses simulation, external benchmarks, real option theory, or expert opinion to help with the quantification?
1. Software that allows you to consider the impact under a variety of assumptions
2. Compare and contrast the results with projects of competitors or similar firms
3. Sophisticated financial analysis comparing the probability of achieving expected benefits
4. Consulting with a seasoned consultant to establish a likely benefit.

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