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Product development structures as systems (Changelog Interviews #507)

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CHAPTER

Using Monte Carlo Simulations to Make Forecasts

Using Monte Carlo simulations to make forecasts is an interesting way of looking at the task. So you can run like, I don't know, a hundred thousand simulations. However many simulations you want, computers are pretty fast these days. But so, but in that case you need to acknowledge that you're going to exchange the possibility of being late for the certainty of being late because you did add the buffer.

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