Lucas F. Costa • 9/20/2021

How to replace estimations and guesses with a Monte Carlo simulation

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This technical article critiques traditional software project estimation as wasteful and inaccurate. It proposes using the Monte Carlo method, a stochastic modeling technique, to create probabilistic forecasts for project completion. The post outlines the method's principles and provides a practical guide for developers to implement simulations for better project planning.

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#Software Estimation #Monte Carlo Simulation #Project Forecasting
How to replace estimations and guesses with a Monte Carlo simulation

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