The PERT distribution: an unassuming but decisive chapter in the history of Monte Carlo simulation. It was the key to making uncertainty in large projects systematically measurable for the first time, and it remains a classic in risk analysis to this day. In the new Risk Kit video, you'll see when and why the PERT distribution works so well, and where its limits lie. Short, illustrative, and with a practical example. 🎥 Watch now: When do I use a PERT distribution in a Monte Carlo simulation? https://lnkd.in/ehfh2aFX #RiskKit #RiskManagement #MonteCarloSimulation #PERTDistribution
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