User Account

All Pages

Explain what you would recommend as an alternative tool

Assignment Help Other Subject
Reference no: EM131981866

Review the Monte Carlo Analysis method presented in Chapter 15 of the Hillson and Simon text.

Then, determine whether or not you would recommend to a project manager the use of this methodology for a large, complex project. Include an example to support your response.

If you would not recommend the use of a method such as Monte Carlo, explain what you would recommend as an alternative tool that would allow the project manager to make informed decisions.

Provide a rationale for your recommendation.

Reference no: EM131981866

Questions Cloud

What products logos and companies were influenced by myths : What products, logos and/or companies can you think of that were influenced by myths or parts of myths from the past? One very famous example is Nike.
Compute company predetermined overhead application rate : Calculate the company's predetermined overhead application rate. Calculate the additions to the work-in-process inventory account for the direct material.
What are some of the ways that technology has changed : In what ways do you feel technology has enhanced your learning experience, both in face-to-face courses and in online courses?
Differences between simple interest and compound interest : What are the differences between simple interest and compound interest.
Explain what you would recommend as an alternative tool : Determine whether or not you would recommend to a project manager the use of this methodology for a large, complex project.
Determining the same sample proportion : If the same sample proportion was found in a sample twice as large-that is, 1150 out of 2560-how would this affect the confidence interval?
What was the fed initial response the crisis : How does the mark to market accounting system lead to more bubbles and crashes? What was the Fed’s initial response the crisis (before Bear Stearns)?
What types of investments to actually invest in : This is also an indication on what the clients tolerance on wait time will be as well as what types of investments to actually invest in.
What are the estimated capital expenditures : Net income in 2017 was $(312.2) million and depreciation for the year was $63.8 million. What are the estimated capital expenditures for 2017?

Reviews

Write a Review

Other Subject Questions & Answers

  How rn can implement to promote a culture of safety

What will be an RN's role to promote patient safety in based on QSEN competencies identify interventions an RN can implement to promote a culture of safety

  Absolute pressure in the smaller pipe

What will be the absolute pressure (P3) in the smaller pipe?

  Stakeholder group’s response

Explain how the university’s relationship with various stakeholder groups was impacted by the Penn State scandal. How did the university’s response influence each stakeholder group’s response?

  Rewrite the article - common vulnerability scoring system

Rewrite the article in your own words. Article - Common Vulnerability Scoring System v3.0. Give the whole explanations that was given in the document

  Summarize your thoughts and opinions about the video

summarize your thoughts and opinions about the suggestion the video is producing. Share your opinion over whether you agree or disagree with the message the video is presenting

  How many years will it take to reach your goal

You have $28,918.78 in a brokerage account, and you plan to deposit an additional $5,000 at the end of every future year until your account totals $220,000.

  How would you know if an elderly had clinical depression

How would you know if an elderly had clinical depression or was sad due to specific life changes and losses

  Patient self-determination act

How might a novice confuse the advance directives within the Patient Self-Determination Act when distinguishing information as administrative or clinical?

  Relatively stable set of constructs

Do you have a relatively stable set of constructs about people, or do your constructs vary widely depending on whom you are judging?

  Discuss impacts to software and hardware vendors

Discuss the changes and impacts to software and hardware vendors

  Critically assess the performance of the eac partner states

What do you attribute the slow implementation of the reforms to? Critically assess the performance of the EAC partner states.

  Impact of downsizing on the organization

Write down the impact of a lay-off on the survivors? Write down the impact of downsizing on the organization?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd