Question

A predictive infrastructure project has a sponsor who demands a committed delivery date. The schedule has three parallel paths with high estimating uncertainty, and the sponsor wants to understand the likelihood of finishing by the requested date. The project manager wants to provide a defensible completion-date range rather than a single deterministic figure. Which analysis technique should the project manager use?

Accepted Answer

Perform a Monte Carlo simulation to model schedule uncertainty and produce a probability distribution of completion dates

Answer

Apply schedule compression through fast tracking to guarantee the sponsor's date

Answer

Recalculate the critical path using the most likely durations only

Answer

Add a fixed management reserve of 15% to the total project duration