The appraisal of events that have uncertain outcomes is discussed with particular reference to a feasible method for evaluating the riskiness of investment proj

A measure of the probability of commodity price forecasts is not necessary for most project analysis, but it does give users a realistic view of the forecast's

A measure of the probability of commodity price forecasts is not necessary for most project analysis, but it does give users a realistic view of the forecast's

In today's business environment, traditional capital budgeting methods are no longer adequate to reflect the dynamic world of new economy. The typical project a