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Open Access research that challenges the mind...

The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

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Management tools for real options techniques and task analysis

Durrani, T.S. and Forbes, S.M. and McKinven, A.T. (2001) Management tools for real options techniques and task analysis. In: Conference on Change Management and the New Industrial Revolution (IEMC 01), 2001-10-07 - 2001-10-09.

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Abstract

This paper is concerned with the extension of work presented at the last IEMC, where a new methodology was proposed for the assessment and validation of the value delivered in the development of new products based on the use of real options techniques [1]. It has become evident that the real options approach offers a more robust alternative to current project evaluation processes, and that there is a need for a user friendly, easy assimilated tool that can be used to implement these techniques.