Difference between Monte Carlo and 3 point estimate
Submitted by aliweb on Sun, 06/17/2012 - 13:42
Forums:
Q1. What is the difference between Monte Carlo Analysis and Three Point Estimate? They both look same to me.
Q2. When we make network diagram to find out critical path, do we not consider leads and lags of each activity? None of the examples I have seen shows lead and lag.
