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TOPIC: Monte Carlo??

Monte Carlo?? 3 years 9 months ago #3358

  • Scott Kirkland
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I'm taking several practice exams to augment Prepcast, and several of them like to throw in out the Monte Carlo simulation as a term for estimation. I have not run into the term in the prepcast yet (doesn't mean it's not there-just haven't hit it yet).

Could you take a brief second and discuss the relationship between 3-point or PERT estimation and how it is more Agile to use Monte Carlo estimation? How would you actually do a Monte Carlo estimate on an agile project?
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Monte Carlo?? 3 years 9 months ago #3359

  • Cornelius Fichtner
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Monte Carlo is discussed in E06.05.2 and E11.04
Until Next Time,
Cornelius Fichtner, PMP, CSM
President, OSP International LLC
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