VOCABULARY

Vocabulary items:

Monte Carlo Simulation - An analysis technique where a computer model is iterated many times, with the input values chosen at random for each iteration driven by the input data, including probability distributions and probabilistic branches. Outputs are generated to represent the range of possible outcomes for the project.

Questions with this term:

1. Activity float question 153

2. Resource optimization question 155

3. Schedule management question 157

4. Schedule network analysis question 167

5. Parametric estimating question 171

6. Three point estimating question 177

7. Quality management question 232

8. Risk management question 326

9. Risk management question 678

10. Schedule management question 838

11. Resource management question 916

12. Risk management question 959

13. Risk management question 960

14. Risk management question 968