SIMULATION MODELING APPLICATION FOR THE QUALITY ASSESSMENT OF INNOVATIVE PROJECTS BUSINESS PLANS

A. Kravets, A. Drobotov


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Abstract

The article deals with the possibility of using simulation modeling (Monte-Carlo method) to assess the quality of innovative projects based on business plan; a method of simulation application for decision making is proposed; soft implementation of method for project risks evaluation based on business plans is done.


Keywords: simulation modeling, Monte-Carlo method, innovation project risk, business plan for an innovative project, risk assessment

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