Simulating the Project Schedule - Monte Carlo simulation

Simulating the Project Schedule - Monte Carlo simulation
Before approving the schedule, the project manager can run a Monte Carlo simulation.
Monte Carlo Analysis is a quantitative risk analysis technique.
In the schedule management context, it is used to assess schedule risk.

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Chapters:
00:00 Simulating the Project Schedule - Monte Carlo simulation
00:50 Monte Carlos Analysis
01:26 Monte Carlo Simulation Example