Computers are helpful for "what if" simulations, but so far they are not able to assess project risk.

Question

Quizplus · Accepted Answer

Computers are able to assess project risk through various techniques such as Monte Carlo simulations, decision tree analysis, and sensitivity analysis. These techniques help in identifying potential risks and their impact on the project. However, human expertise and judgement is also required in interpreting the results of these simulations and making decisions accordingly.

Computers Are Helpful for "What If" Simulations, but So Far