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You are assigned as an IT project manager on a market strategy development project. In interactions with your team members, you found that five out
You are assigned as an IT project manager on a market strategy development project. In interactions with your team members, you found that five out of ten project team members are inexperienced in executing strategy development projects. After gathering the three-point estimates of durations for each activity on the project, you decided to run a Monte Carlo simulation to arrive at an overall estimated project duration. Which among the below options would be best suited in this situation? Group of answer choices Use triangular distribution on three-point estimates Use Beta distribution on three-point estimates Use analogous estimation method Consult an expert to get a gross estimate of overall project time
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