Real options in a systemic approach to the timing problem in development projects
Krzysztof Targiel ()
Operations Research and Decisions, 2015, vol. 25, issue 3, 73-85
Abstract:
The management environment at the beginning of the XXI century is characterized by high volatility. Development projects should take into account not only certain deliverables but also any oppor- tunities that may arise. These opportunities are called real options. The paper describes a systems approach to various types of real options that can be found in a project’s environment. A method is presented for using such options in the timing problem.
Keywords: real options; project management; multicriteria decision making (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:wut:journl:v:3:y:2015:p:73-85:id:1171
DOI: 10.5277/ord150305
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