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Why should this oil drilling company implement monte carlo

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Reference no: EM132123804

Research Paper 1

RISK Software Product

This is a research paper that will require the use of the library (preferred) and/or the Internet. The research paper should be in the form of a term paper intended to objectively report on the considered use of Risk Software Producton their projects fora well-established, fictitious, medium-sized Tier 1 supplier for Ford Motor Corporation who has recently established a Project Management Office.

The paper should be no more than 5 pages in length (this does not include your cover page), including references - which are required when referencing your sources of information. A minimum of 5 different sources of information (magazines, periodicals, books, etc...) must be used and referenced to support your statements.

The paper should at a minimum include the following (with clearly marked bold headers for each section below):

1. Overview of Risk Software Product (what is it)

2. Advantages from a business and project management perspective - why should this supplier to Ford Motor Company implement Risk Software Product on all of their projects?

3. Concerns/Issues from a business and project management perspective - what problems might occur if this supplier to Ford Motor Company implements Risk Software Product on all of their projects?

4. Your recommendation for the supplier - should they implement @Risk Software Product? Why or why not?

Monte Carlo Simulation

This is a research paper that will require the use of the library (preferred) and/or the Internet. The research paper should be in the form of a term paper intended to objectively report on the considered use of Monte Carlo Simulationon their projects for a well-established, fictitious, large-sized oil drilling company who has recently established a Project Management Office.

The paper should be no more than 5 pages in length(this does not include your cover page), including references - which are required when referencing your sources of information. A minimum of 5 different sources of information (magazines, periodicals, books, etc...) must be used and referenced to support your statements.

The paper should at a minimum include the following (with clearly marked bold headers for each section below):

1. Overview of Monte Carlo Simulation (what is it)

2. Advantages from a business and project management perspective - why should this oil drilling company implement Monte Carlo Simulation on all of their projects?

3. Concerns/Issues from a business and project management perspective - what problems might occur if this oil drilling company implements Monte Carlo Simulation on all of their projects?

4. Your recommendation for the oil drilling company - should they implement Monte Carlo Simulation? Why or why not?

Crystal Ball Software Product

This is a research paper that will require the use of the library (preferred) and/or the Internet. The research paper should be in the form of a term paper intended to objectively report on the considered use of a Crystal Ball Software Producton projects for a well-established, fictitious, small-sized software development company who has recently established a Project Management Office.

The paper should be no more than 5 pages in length(this does not include your cover page), including references - which are required when referencing your sources of information. A minimum of 5 different sources of information (magazines, periodicals, books, etc...) must be used and referenced to support your statements.

The paper should at a minimum include the following (with clearly marked bold headers for each section below):

1. Overview of Project Crystal Ball Software Product (what is it)

2. Advantages from a business and project management perspective - why should this software development company implement Project Crystal Ball Software Product on all of their projects?

3. Concerns/Issues from a business and project management perspective - what problems might occur if this software development company implements Project Crystal Ball Software Product on all of their projects?

4. Your recommendation for the software development company - should they implement Project Crystal Ball Software Product? Why or why not?

Reference no: EM132123804

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