Monte Carlo Analysis

Quick Look at the PMBOK® Guide: Monte Carlo Analysis

May 29, 2015 Richard Perrin Cisco, Cloudera, Featured, Professional Development, Project Management, Routing & Switching, Technology, Training in Business

The Monte Carlo analysis is a true risk analysis tool. As such it is a nontrivial process that requires training. However, if you are a risk project manager, then a deep understanding of the Monte Carlo analysis might be in order.