Question: The 'Monte Carlo simulation' in construction project management is used to: A . Determine the exact cost of materials at any point in time B

The 'Monte Carlo simulation' in construction project management is used to:
A. Determine the exact cost of materials at any point in time
B. Simulate different weather conditions to plan construction activities
C. Assess risk by simulating thousands of scenarios to understand potential impacts on project timelines and budgets
D. Calculate the minimum number of workers needed for the project

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