Exam PgMP topic 1 question 106 discussion

A is a correct answer by definition

Ans A: Pert - just refer to the formula

A is better.

Monte Carlo Simulation: In contrast with PERT, the Monte Carlo simulation is a statistical technique used to understand the impact of risk and uncertainty in project plans. It performs risk analysis by building models of possible results by substituting a range of values—a probability distribution—for any factor that has inherent uncertainty. It then calculates results over and over, each time using a different set of random values from the probability functions. This method is particularly useful for analyzing the range of possible outcomes in a project's schedule, cost, or other key variables.

PERT, A

A is the right answer. The PERT estimate (E) is based on a formula that includes your optimistic time estimate (O), your most likely time estimate (M) and your pessimistic time estimate (P). The basic equation is this: E = (O + 4M +P) / 6