Monte Carlo simulation in project management is used for:

A Assigning tasks

B Running thousands of schedule/cost scenarios to determine probability distributions of outcomes

C Counting team members

D Tracking issues

✓ Correct Answer: Option B

Monte Carlo: simulates many possible outcomes using probability distributions for activity durations/costs. Gives confidence levels.

💡 Why is B) the correct answer?

The correct answer to the question "Monte Carlo simulation in project management is used for:" is Option B: Running thousands of schedule/cost scenarios to determine probability distributions of outcomes.

The other options — A) Assigning tasks, C) Counting team members, D) Tracking issues — are incorrect for this PMP Exam Prep question. As explained above: Monte Carlo: simulates many possible outcomes using probability distributions for activity durations/costs. Gives confidence levels.

📚 About This PMP Exam Prep Practice Question

This 2-level PMP Exam Prep question from the Process topic is part of BrainForge Quiz's free exam preparation library. Each question includes the correct answer and a detailed explanation to help you understand the underlying concept, not just memorize the answer.

How to use this page: Read the question above, consider all four options (A through D), then check the highlighted correct answer and explanation. For active timed practice, start a free PMP Exam Prep practice test or use flashcards for spaced repetition review.

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Monte Carlo simulation in project management is used for:

✓ Correct Answer: Option B

📚 About This PMP Exam Prep Practice Question

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