Question: The case study provided on the Sydney Opera House There are some arguments regarding how contingency on the project should be estimated. The current contingency

The case study provided on the Sydney Opera House There are some arguments regarding how contingency on the project should be estimated. The current contingency is at 8%. You and the management team believe that it is a completely inappropriate contingency estimate. Your manager needs you to convince the Opera House Board that there is insufficient contingency on the project. But your manager is concerned that they are not familiar with modern contingency estimating tools such as Monte Carlo simulation.

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