Question: USING A SIMULATION. APPLY PROGRAM SCHEDULE ANALYSIS DAU TEST RISK MANAGEMENT Why are Monte Carlo simulations used in program schedule analysis? 1. To identify the

USING A SIMULATION. APPLY PROGRAM SCHEDULE ANALYSIS

DAU TEST RISK MANAGEMENT

Why are Monte Carlo simulations used in program schedule analysis?

1. To identify the various decision points of the project so you know which tasks need more attention than others.

2.To determine the most logical path for task completion for a successful project.

3. To find the cumulative effect of multiple risks on total project schedule duration or total project cost

4.To determine the shortest path to complete the project.

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