Which of the following is true of risk management software?
a. It can provide more realistic estimates for project milestones and budgets.
b. It can provide more realistic estimates for slack time and budgets.
c. It can provide more realistic estimates for project schedules and budgets.
d. It can provide more realistic estimates for a work breakdown structure.
a. It can provide more realistic estimates for project milestones and budgets.
Risk management software—such as Risk Management from Intelex, Full Monte from Barbecana, and @Risk from Intaver Institute—integrates with project scheduling software and can reflect the potential impact of various risks on the project schedule and cost. Use of such software can lead to more realistic estimates for project milestones and budgets.
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