Monte Carlo Simulation
Herding Cats
SEPTEMBER 19, 2018
Estimation is part of project management. . The most important estimates for the project manager are related to time and cost. . Since it is easier to estimate small tasks, these estimates are often calculated and performed as point estimates, for example, a task will take 3 days. Or perhaps as an estimate with two-point ranges. A task will take between 2 and 5 days.
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