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Tag: monte carlo simulation

Monte Carlo Simulation or Monte Carlo Method is a mathematical technique, which is used to estimate the possible outcomes of an uncertain event. Used – for example – in agile forecasting.

ALE Kraków, Lightning Talk on Forecasting

Posted on August 23, 2022November 1, 2022 by Tomek Kaczanowski

Slides from my ALE Kraków Lightning Talk (15 minutes) about estimation & forecasting.

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An Average Road to Monte Carlo

Posted on April 11, 2022November 1, 2022 by Tomek Kaczanowski

Presenting 2 forecasting techniques (averages and Monte Carlo Simulation) using a real-life example. Pros and cons.

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