Wednesday, 2 July 2014

BUS 519 WK 6 DQ 2 Quantitative Risk Analysis

BUS 519 WK 6 DQ 2

Quantitative Risk Analysis Quantitative risk analysis is an important aspect of a project. The project manager has to estimate the risks that may affect the project in order to device appropriate risk mitigation strategies.  Monte Carlo Analysis is one of the methodologies that is used in projects, especially large and complex projects. 

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