Real options in a systemic approach to the timing problem in development projects

• Authors: Krzysztof TARGIEL
• Languages of publication: EN

Abstracts

EN

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.

Keywords

EN

real options; project management; multicriteria decision making

• Publisher: Politechnika Wrocławska. Oficyna Wydawnicza Politechniki Wrocławskiej
• Journal: Operations Research and Decisions
• Year: 2015
• Volume: 25
• Issue: 3
• Pages: 73-85

Contributors

author

Krzysztof TARGIEL

• Department of Operational Research, University of Economics in Katowice, ul. Bogucicka 14, 40-226 Katowice, Poland

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Identifiers

DOI

10.5277/ord150305