You are working on a software development project in which specialized resources are required to perform some tasks. You estimate these resources are necessary during the project’s executing phase. However, your estimation fails to account for these resources are available for only limited hours in the executing phase. What should you do to make schedule changes to deal with the limited availability?

You have recently taken over a troubled automobile project, which has gone out of control. The project team missed many deadlines, and stakeholders were displeased with the project’s progress. As an experienced project manager, your first priority is to align the schedule with the project plan. You would like to use what-if scenario analysis to see how various factors affected the project schedule so you can develop a plan to reduce the impact of adverse conditions on the project schedule in the future. What would be your next course of action be, once you determine the factors that created schedule overruns?

A project manager has just started planning his project. If he has only limited information about the project, he should use the following technique to estimate the duration for each activity using historical data from a similar project:

You are working as a project manager for a high-yield crop development project. Data from the weather agency shows an unfavorable weather pattern for the next few months. As a senior project manager, you want to assess the schedule’s feasibility under adverse conditions and provide some insights to your team. That way, your team can prepare some reserves and plan risk responses if unfavorable conditions exist during execution. Which of the following techniques should you use to simulate risks and other sources of uncertainty to calculate possible schedule outcomes?