Get a fresh take on Monte Carlo simulations with the perfect combination of the practical and the theoretical from BVR’s four-hour advanced web workshop, Monte Carlo: From Classroom to Boardroom to Courtroom. Expert intellectual property appraiser Mike Pellegrino will lay the foundation by addressing the origins and theory of Monte Carlo with an emphasis on how to apply it in your valuations. He’ll be joined by Dave MacAdam, who will cover real-world examples from his role as senior manager of innovation strategy for global aluminum company Novelis. Within the framework of R&D projects, MacAdam will address how Monte Carlo simulations play an important role in deciding whether to invest in a given project and how to use @Risk to evaluate its probable value and analyze key risk drivers. Pellegrino will bring everything together with a discussion of how the courts view Monte Carlo, along with tips to clearly present and address the criticisms of Monte Carlo in the courtroom.