Understanding Monte Carlo Simulations for Project Forecasting

Imagine being able to predict with a high degree of accuracy when your team is going to complete a project. How would knowing that information change what you're doing right now?

By running Monte Carlo simulations, using completion rates from your team's past, you can peek ahead at your project's risk and the probability of possible completion dates—helping you make better decisions while you still have the chance to affect the future.

If you're not already running Monte Carlo simulations for your team, you will after listening to this episode. What are you waiting for—all the cool kids are doing it!