Monte Carlo simulation
Prepare a research paper in APA format that explains how a project manager might use Monte Carlo simulation during any part of project planning (scheduling, budgeting, and risk assessment are all acceptable areas to explore).
After explaining what Monte Carlo simulation is, explore both the benefits and drawbacks of using Monte Carlo simulation in project planning.
Your paper should be no longer than 3 pages (not including the cover page or references page; no abstract page is required).
