Article ID: | iaor20001366 |
Country: | United Kingdom |
Volume: | 17 |
Issue: | 4 |
Start Page Number: | 217 |
End Page Number: | 222 |
Publication Date: | Aug 1999 |
Journal: | International Journal of Project Management |
Authors: | Jovanovic Petar |
Keywords: | project management |
This paper treats investment decision-making under uncertainty and risk. Some of the methods used for investment decision-making under uncertainty and risk are presented: Break-even Analysis, Sensitivity Analysis, Theory of Games and Decision Making Theory. Sensitivity Analysis is given special consideration, and one of the procedures of its application in investment decision making under uncertainty and risk is shown.