Please click on one of the 'Case Studies by Industry' tabs and read a case that you select carefully. Then, post your discussion on how such a tool might be utilized in the 'sector' of your professional industry (construction, IT, defense, environmental, academic, manufacturing, transportation, etc.) to aid in calculating or forecasting risk factors. Review the methods; do not 'cut and paste' from the website. DQ 3.2: To provide you with practice with performing a Monte Carlo analysis, we have made Crystal Ball software available to you. (See Access to Microsoft Project and Crystal Ball link under Table of Contents in Content.) Click here for a video that shows you how to access this software in eight simple steps and complete the Monte Carlo analysis for the case study, whose link is below. Click here for the short case study that you should as part of this discussion. The case study is based on construction project risks identified in the Mitigation of Risk in Construction: Strategies for Reducing Risk and Maximizing Profitability (McGraw-Hill, 2011) reading listed under Session 3. Your discussion response should explain how you arrived at the conclusion referred to in the case and include the cumulative probability distribution chart (or a screenshot). Hide entire question

with references,