1. Review the Monte Carlo Analysis method presented in Chapter 15 in Practical P

1. Review the Monte Carlo Analysis method presented in Chapter 15 in Practical Project Risk Management. ****uploaded****
2. Then, determine whether you would recommend to a project manager the use of this methodology for a large, complex project. Include an example to support your response. If you would not recommend the use of a method such as Monte Carlo, explain what you would recommend as an alternative tool that would allow the project manager to make informed decisions. Provide a rationale for your recommendation.
Textbook chapters are uploaded. Please only use the textbook and one other source and only cite 2 times as this is only two pages.
Please only use academic sources that are current within 2 years.
Source information for the textbook is as follows:
Project Management Institute. Practice Standard for Project Risk Management. Project Management Institute, 2009. EBSCOhost, search.ebscohost.com/login.aspx?direct=true&db=nlebk&AN=579204&site=eds-live&scope=site.

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