Investment decision making is very important for firm growth. The classical quantitative methods (NPV, IRR…) don´t involve value of the firm option of flexible reaction to continuously changing conditions and take advantage of them. This deficiency eliminates the using of the real options...

The success of investment projects depends largely on the quality of integration of risks and uncertainty in the process of preparation of these projects, their evaluation and decisions on acceptance or rejection. This article first characterizes the shortcomings of traditional onescenario...

The qualitative changes in surroundings for companies operation are calling for necessity of assertion new tools and method, which will help to increase the quality of decision making and firm evaluation. To these tools belong scenarios and Monte Carlo simulation. The aim of the article is to...