A technique that calculates multiple project durations with different sets of activity assumptions and variables is:
A. Process Analysis
B. Theoretical Analysis
C. Simulation
D. Effect Analysis
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PMP Exam Question – Schedule Management
Correct Answer is C.
This technique is known as simulation. Project simulations use computer models and estimates of risk (usually expressed as a probability distribution of possible costs or durations at a detailed work level) and are typically performed using Monte Carlo analysis.
PMBOK Page 213 – Project Schedule Management.