Project Management Professional (PMP) Exam Practice – Question1750

Your project is considered very risky. You plan to perform numerous what-if scenarios on your schedule using simulation software that will define each schedule activity and calculate a range of possible durations for each activity. The simulation then will use the
collected data from each activity to calculate a distribution curve (or range) for the possible outcomes of the total project.

Your planned approach is an example of which following technique?


A.
PERT
B. Monte Carlo analysis
C. Linear programming
D. Concurrent engineering

Correct Answer: B

Explanation:

Explanation:
Simulation is a tool and technique for the develop schedule process by which multiple project durations with different sets of activity assumptions are calculated. Monte Carlo analysis is the most commonly used simulation technique.