Question: You have gathered performance data for 20 past projects for similar product design in the company in order to come up with statistical distributions for

You have gathered performance data for 20 past

You have gathered performance data for 20 past projects for similar product design in the company in order to come up with statistical distributions for each step for project duration and cost. You decide to use a company software that will allow you to input these statistical distributions into a project plan with their risks and probability/impact estimations and it will run a simulation of this project plan several times to calculate estimates of project performance outputs. What is this method called? Project Evaluation and Review Technique (PERT) Qualitative Analysis Event Chain Methdology Critical Chain Method

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