the Canal Authority

Questions
1. Did the risk management analysis follow Monte Carlo methods to assess risk?
2. How did the planners handle project schedule and cost estimates?
3. How did the planners avoid cost escalation?
4. What were the main points used for risk model development? Describe each point.
5. How well would you say the Canal Authority followed the methodologies outlined in the textbook?

Writing Requirements

  • Paper length should be 4–6 pages excluding a cover page, abstract, and reference page.  
  • Minimum of 5 peer reviewed sources properly APA cited and referenced
  • APA format,
  • Also read the Monte Carlo article to get a better understanding of the tool before answering the questions