Explain the procedure of developing the project model and discuss on the risk methodologies used in the paper.

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Words: 183
Pages: 1
Subject: Do My assignment
Topics: evaluation, Review Technique, risk methodologies

I need only the fifth question. I’m attaching the files with the tasks that i have completed. Below you will find the steps to implement the second requirement. If you do not know the specific methodologies then you cannot proceed Incorporate the methodologies of risk factors discussed in the paper, in your project model (using spreadsheet). Explain the procedure of developing the project model and discuss on the risk methodologies used in the paper. Answer. The project has used the following risk management strategies : 1. PNET (probabilistic network evaluation technique) 2. NRA (narrow reliability bounds) 3. MCS (Monte Carlo simulation) 4. Comparison of the Programme Evaluation and Review Technique (PERT)

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