Monte Carlo simulation is likely to be most useful
A)for very complex projects.
B)for projects of moderate complexity.
C)for very simple projects.
D)regardless of the project's complexity.

Question

Quizplus · Accepted Answer

Monte Carlo simulation is especially useful for very complex projects, where there are many variables and factors that can influence the final outcome. The simulation can help identify potential risks and uncertainties, and provide insights into the possible range of outcomes. For simpler projects, other techniques may be more appropriate.

Monte Carlo Simulation Is Likely to Be Most Useful