Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

the value of using a monte carlo simulation is that it allows a project manager to inform the client of the exact date a project

the value of using a monte carlo simulation is that it allows a project manager to inform the client of the exact date a project will be completed true or false

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

The Standard For Portfolio Management

Authors: Project Management Institute

4th Edition

1628251972, 978-1628251975

More Books

Students also viewed these General Management questions

Question

What is meant by organisational theory ?

Answered: 1 week ago

Question

What is meant by decentralisation of authority ?

Answered: 1 week ago

Question

Briefly explain the qualities of an able supervisor

Answered: 1 week ago

Question

Define policy making?

Answered: 1 week ago

Question

Define co-ordination?

Answered: 1 week ago

Question

2. What are the prospects for these occupations?

Answered: 1 week ago