Key points are not available for this paper at this time.
In the first part of this article, the techniques for decision making at the start of a venture were discussed. Once the project is underway, more decisions have to be made under conditions of uncertainty; a variety of specialist techniques have come about and more are continuing to evolve to help the manager with some of the more common problems. Here, the author discusses the use of risk analysis in the assessment of business decisions.
Alan Webb (Sat,) studied this question.