The Monte Carlo analysis method. Then, determine whether or not you would recommend to a project manager the use of this methodology for a large, complex project. If you would not recommend the use of a method such as Monte Carlo,

explain what you would recommend as an alternative tool that would allow the project manager to make informed decisions. Provide a rationale for your recommendation.

Answer rating: 100% (QA)

Quantitative Risk Analysis Quantitative Risk Analysis involves evaluating the impacts of risks on projects in which risks are quantized as either low ... View the full answer