Managing Complex Projects

Unit IV Journal

Consider a schedule in daily life that you lived through and that in your view would benefit from modeling using program evaluation and review technique (PERT), a Monte Carlo analysis, or both. Describe the schedule, and explain why modeling the schedule would have assisted in managing the schedule risk and why taking the trouble to model the schedule would have made a difference.

Your journal entry must be at least 200 words in length. No references or citations are necessary.