You only live once
Let’s say that you are considering new investment opportunities for your company and that the sales department has guesstimated that the market for one of your products will most likely grow by ….
Let’s say that you are considering new investment opportunities for your company and that the sales department has guesstimated that the market for one of your products will most likely grow by ….
We know that forecasts based on average values are on average wrong. In addition will deterministic models miss the important uncertainty dimension that gives both the different risks facing the company and the opportunities they bring forth.
An important part of the investment analysis is cost. Especially in complex and demanding projects, there is significant risk related to investing.