“…Standard methods, such as the scenario approach (Cherepovitsyn et al, 2018), are widely used in investment design and in assessing the value of the object, using the income approach. In the works (Ozerov, 2007;Pupentsova & Livintsova, 2018), it was shown that, when choosing the best and most effective use of the object, uncertainty in the source data and in the predictions of their changes can lead to an erroneous choice. Creating scenarios for each use of the object will allow the selection of not only the criterion of income maximization (NPV, land value), but also the option with minimal risks (minimum coefficient of variation) (Nikolova et al, 2017;Bril et al, 2019).…”