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A. Modeling and simulation are recommended for use in cost and risk analysis because they are more powerful and les subject to misuse than EMV analysis B. Simulation is tool/ technique of Quantitative Risk Analysis C. Fro risk analysis, a simulation can use the project WBS or cost breakdown structure as its model D. Simulation is a technique that computes the project cost or schedule over multiple iterations using random value selected from distribution of possible costs or duration values E. From schedule risk analysis, a simulation can use the ADM schedule as its model
E. From schedule risk analysis, a simulation can use the ADM schedule as its model
