How do you connect Monte Carlo and Agile?

Agile Risk Management

Guilherme Caloba Production Engineer| PETROBRAS Rio De Janeiro, Rio De Janeiro, Brazil

I've been studying agile for a little while and I think it is very nice. Being a risk guy myself, I wonder if there is any use for Monte Carlo in between sprints. Can you tell me something about that?

Posted: Sep 12, 2018 2:38 PM

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Rami Kaibni

Community Champion

Senior Projects Manager | Field & Marten Associates New Westminster, British Columbia, Canada

Sep 13, 2018 7:37 AM

Replying to Kiron Bondale

...

Rami -

The author's point is that unless we are performing an activity multiple times with little variance it is of little value to use MC. A project is a unique endeavor so attempting to forecast overall schedule or cost for a solo event using MC wouldn't be effective.

Now there could be specific decisions on a project where there is a higher degree of repeatability where it could be used...

Kiron

Thanks a lot Kiron, that makes lots of sense by the way.

Posted: Sep 13, 2018 3:16 PM

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