Management of License Cost Uncertainty in Software Development: a Real Options Approach
نویسنده
چکیده
Software development based on Commercial Off-the-Shelf products is subject to multiple sources of uncertainty. One potential source of uncertainty is the license costs of the COTS product used in the system. The management of such uncertainty requires strategies that effectively mitigate the underlying risk with minimal impact on the economic value generated. This paper presents such a strategy, and shows how it can be evaluated using a state-of-the-art financial valuation technique, namely, real options analysis.
منابع مشابه
Management of License Cost Uncertainty Incots-based Software Development
Software development based on Commercial Off-the-Shelf products is subject to multiple sources of uncertainty. One potential source of uncertainty is the license costs of the COTS product used in the system. The management of such uncertainty requires strategies that effectively mitigate the underlying risk with minimal impact on the economic value generated. This paper presents such a strateg...
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