Monte Carlo Risk Analysis and Due Diligence of New Business Ventures (With CD-ROM)

A detailed look at how to use Monte Carlo risk analysis - a proven modeling process that potential investors can use to determine the risk involved in investing in a given technology project. The project could be a new business, a new manufacturing process, or a new product. The book outlines a step-by-step process that is divided into two areas: - Technical Systems Analysis - explains how to validate the technology as being able to actually perform as stated in its Business Plan. - Technical Risk Analysis - explains how to develop a potential business scenario and then "quantify the uncertainty" so investors will know how great the risks are.