Program Management Professional (PgMP) — Question 97

What schedule analysis simulation tool allows you, the project manager, to review possible combinations of events such as optimistic, most likely and pessimistic outcomes for your project?

Answer options

• A. pert
• B. gert
• C. pmis
• D. Monte Carlo

Correct answer: D

Explanation

The correct answer is D, Monte Carlo, as it is specifically designed for risk analysis and provides a range of possible project outcomes. Options A (pert) and B (gert) are project management techniques but do not focus on simulating multiple outcomes, while C (pmis) refers to a project management information system, which is not a simulation tool.