Most enterprises have identified the need for flexibility, but the selection of the right degree of flexibility is a complex task. Sophisticated methods, which consider uncertainties in the valuation model, are time consuming and require a supporting software tool. The existing ones are applicable for very specific planning tasks only. In this paper, a methodology to support the valuation of ma...

flexibility is one of the most important indicators of a supply chain .a flexible supply chain in the face of market changes and customer needs, must be responsive to the changes and needs, to be able to attract customers in the a competitive marketplace. being aware of the flexibility of a supply chain helps managers to solve problems and overcome deficiencies and increase the competitive adva...

Current theories are mixed with regard to the nature of mental representations following spatial description reading. Whereas some findings argue that individuals' representations are invariant following text-based, map-based, or first-person experience, other studies have suggested that representations can also exhibit considerable flexibility. In the current project we investigated the influe...

Projects in the mining industry are undertaken with the objective of maximizing economic value, which is near-universally measured by the Net Present Value (NPV), considering all capital expenditure and operating cash flow. This industry is usually considered high risk because of historically volatile commodity prices (directly impacting revenues) and the fact that very large capital expenditur...

In this paper we present a project based approach to understand hardware-software co-design. The goal of the course ”Digital Platforms” is to teach the students, given an embedded application, which are the different options for implementation. Real world problems, especially in embedded systems, often require a design, which combines hardware for performance with software for flexibility. Cont...

This paper discusses an R & D project selection and scheduling problem in which there are no historical data about the project parameter values. The net income and investment cost in the problem are given by experts’ evaluations and treated as uncertain variables. The different interactions among projects and the flexibility of project beginning time are considered. A new cost overrun risk is e...

The focus of this paper is improving individual Private Finance Initiative (PFI) projects to deliver better value for the benefit of the partners in PFI. Signing long term contracts of 20 to 30 years with the private sector typically enlarges demand risks in PFI. Subsequently, this report seeks a way to deliver more valuable PFI projects by the effective management of demand risks. Incorporatio...

Aim of study: We checked if an infrastructure investment project for a nursery to produce Eucalyptus forest seedlings using the real options approach was economically viable, in order verify influence deferral, expansion and abandonment on value, as well their concatenation.
 Area Our study based technical-economic coefficients be installed São Paulo’s state Midwest region, Brazil.
 M...

Development of capital intensive systems, such as offshore oil platforms or other industrial infrastructure, generally requires a significant amount of capital investment under various resource, technical, and market uncertainties. It is a very challenging task for development co-owners or joint ventures because important decisions, such as system architectures, have to be made while uncertaint...

Software transformation methods are enacted during a migration project to perform the technical transition of a legacy system to a new environment. A critical task of each project is to construct a situation-specific transformation method. In this paper, we categorize current Situational Method Engineering (SME) approaches that support the construction of situation-specific transformation metho...