Question: Consider a case where the durations given for the above project could not be determined and estimated as random durations which follow a triangular distribution.
Consider a case where the durations given for the above project could not be determined and estimated as random durations which follow a triangular distribution. If the stakeholders would like to know the estimated duration of the project, what would you tell them? Create a spreadsheet model using a simulation approach in Excel and discuss your findings. Provide a reasonable project duration by taking into account the probability of completion by that date
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