Describe the monte carlo method used in the case study


Homework: The Gas Injection Project Case

For this homework, provide a minimum of three page narrative describing and assessing the following areas (discuss each of the following areas in about one page each).

Document the following in a paper:

1) Identify and describe the risk quantification methods based on the PMBOK Guide - Sixth Edition.

2) Describe the Monte Carlo method used in the case study and describe its benefits from the risk quantification and analysis perspective.

3) Discuss the likelihood of project completion within particular time frames as elaborated in the case study and explain how the model helped in findings these likelihoods.

Format your homework according to the following formatting requirements:

(1) The answer should be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides.

(2) The response also includes a cover page containing the title of the homework, the student's name, the course title, and the date. The cover page is not included in the required page length.

(3) Also include a reference page. The Citations and references should follow APA format. The reference page is not included in the required page length.

Attachment:- Template-Paper.rar

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