Question: Q.4 Tom is a project manager for a large software project. During project risk planning, Tom and his team are trying to decide whether to

Q.4 Tom is a project manager for a large software project.

Q.4 Tom is a project manager for a large software project. During project risk planning, Tom and his team are trying to decide whether to invest $10 million to develop new software or to instead invest $5 million to upgrade the existing software. The team is uncertain how strong demand will be for their product and, therefore, must account for this uncertainty in their analysis. What would be the best tool for the project manager to use in this case? A. Tornado diagram B. Monte Carlo analysis C. Influence diagram D. Decision tree analysis

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