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ISEB-PM1 · Question #436

Which of the following will be required to perform simulation for schedule risk analysis?

The correct answer is B. Schedule network diagram and duration estimates. Schedule risk analysis simulation (typically Monte Carlo analysis) requires two core inputs: a schedule network diagram (to understand the logical relationships and paths through the project) and duration estimates (with their ranges/uncertainty, so the simulation can vary them…

Risk Management

Question

Which of the following will be required to perform simulation for schedule risk analysis?

Options

  • AActivity list and activity attributes
  • BSchedule network diagram and duration estimates
  • CSchedule data and activity resource requirements
  • DMilestone list and resource breakdown structure

How the community answered

(44 responses)
  • A
    9% (4)
  • B
    73% (32)
  • C
    14% (6)
  • D
    5% (2)

Explanation

Schedule risk analysis simulation (typically Monte Carlo analysis) requires two core inputs: a schedule network diagram (to understand the logical relationships and paths through the project) and duration estimates (with their ranges/uncertainty, so the simulation can vary them across iterations to produce probability distributions of completion dates). Option A is wrong because an activity list and attributes alone lack the sequencing logic needed to model how delays propagate. Option C is wrong because resource requirements don't drive the simulation - duration uncertainty does, and "schedule data" is too vague to be the primary input. Option D is wrong because milestones and a resource breakdown structure are planning artifacts, not the network and probabilistic duration data that feed a simulation engine.

Memory tip: Think of Monte Carlo simulation as needing a map (network diagram - how activities connect) and uncertainty ranges (duration estimates - how long each step might take). Without the map, you can't trace the critical path; without the ranges, there's nothing to simulate.

Topics

#simulation#schedule risk analysis#network diagram#duration estimates

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