In Agile projects, the technique in which planning is done at three distinct horizons is known
as:
A.
Monte Carlo Analysis.
B.
Portfolio Management.
C.
DelphiTechnique.
D.
Progressive Elaboration.
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Progressive elaboration involves continuously improving and detailing a plan as more detailed and specific information and more accurate estimates become available. Progressive elaboration allows a project management team to define work and manage it to a greater level of detail as the project evolves.
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whereas The Delphi Technique is a method used to estimate the likelihood and outcome of future events. A group of experts exchange views, and each independently gives estimates and assumptions to a facilitator who reviews the data and issues a summary report.
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and Monte Carlo analysis is one specific multivariate modelling technique that allows researchers to run multiple trials and define all potential outcomes of an event or investment. Running a Monte Carlo model creates a probability distribution or risk assessment for a given investment or event under review.
so is Portfolio management is the art and science of making decisions about investment mix and policy, matching investments to objectives, asset allocation for individuals and institutions, and balancing risk against performance.
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