Research paper in APA format that explains how a project manager might use Monte Carlo simulation during any part of project planning (scheduling, budgeting, and risk assessment are all acceptable areas to explore). After explaining what Monte Carlo simulation is, explore both the benefits and drawbacks of using Monte Carlo simulation in project planning.
This assignment does not ask you to make any personal reflections, so only use 3rd person point-of-view (see Writing Tip #14).
Your paper should be no longer than 3 pages (not including the cover page or references page; no abstract page is required). For this paper, you MUST use the same, specially-adapted APA 7th Edition template that I created . Failure to use this exact template and follow its instructions on how to use it will result in a grade of 0
