SYSTEM AND METHOD FOR PERFORMING SIMULATIONS OF UNCERTAIN FUTURE EVENTS

Abstract

A system and method for performing simulations of uncertain future events may use statistical analysis via computerized simulations associated with processes including project scheduling; project budgeting, project risk assessments (or confidence percentages), strategic decision-making of alternatives, investment alternatives, etc. In some embodiments, the system and method may utilize probability and convolution theory to arrive at ideal theoretical probabilistic solutions (PDF [probability density function] and “S” Curve [cumulative distribution function] outcomes).

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