Real Options in a Systemic Approach to the Timing Problem in Development Projects

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 opportunities that may arise. These opportunities are called real options. The paper describes a systems approa...

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Main Author: Krzysztof S. Targiel
Format: Article
Language:English
Published: Wrocław University of Science and Technology 2015-01-01
Series:Operations Research and Decisions
Online Access:http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1171
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spelling doaj-7aa87f39440d467bae6324d21e18b4d92020-11-25T01:46:34ZengWrocław University of Science and TechnologyOperations Research and Decisions2081-88582391-60602015-01-01vol. 25no. 37385171403401Real Options in a Systemic Approach to the Timing Problem in Development ProjectsKrzysztof S. Targiel0University of Economics in Katowice, PolandThe 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 opportunities 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. (original abstract)http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1171
collection DOAJ
language English
format Article
sources DOAJ
author Krzysztof S. Targiel
spellingShingle Krzysztof S. Targiel
Real Options in a Systemic Approach to the Timing Problem in Development Projects
Operations Research and Decisions
author_facet Krzysztof S. Targiel
author_sort Krzysztof S. Targiel
title Real Options in a Systemic Approach to the Timing Problem in Development Projects
title_short Real Options in a Systemic Approach to the Timing Problem in Development Projects
title_full Real Options in a Systemic Approach to the Timing Problem in Development Projects
title_fullStr Real Options in a Systemic Approach to the Timing Problem in Development Projects
title_full_unstemmed Real Options in a Systemic Approach to the Timing Problem in Development Projects
title_sort real options in a systemic approach to the timing problem in development projects
publisher Wrocław University of Science and Technology
series Operations Research and Decisions
issn 2081-8858
2391-6060
publishDate 2015-01-01
description 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 opportunities 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. (original abstract)
url http://orduser.pwr.wroc.pl/DownloadFile.aspx?aid=1171
work_keys_str_mv AT krzysztofstargiel realoptionsinasystemicapproachtothetimingproblemindevelopmentprojects
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