Question: You are currently performing risk analysis on a large and extremely complex project. Your project team decides that the most comprehensive way to approach the
You are currently performing risk analysis on a large and extremely complex project. Your project team decides that the most comprehensive way to approach the process of risk analysis is to examine all the possible outcomes using an iterative computer simulation process to model a range of variables taken from a probability distribution. What is this technique known as?
A: Sensitivity analysis B: Expected monetary value analysis C: Monte Carlo analysis D: Ishikawa analysis
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