Planning under uncertainty: Assessing the robustness of technology real options

Tarik Driouchi*, Michel J. Leseure

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contribution

Abstract

This paper deals with the issue of flexibility in long term planning decisions. By shedding light on the converging and complementary features of Real Options Valuation (ROY) and Robustness Analysis (ROA), we suggest a new framework for assessing investments decisions under uncertainty. A two-dimensional model is provided to measure the feasibility of medium and long-range investments. An example based on a comparison of three IT projects is analysed for illustration.

Original languageEnglish
Title of host publicationA Unifying Discipline for Melting the Boundaries Technology Management:
PublisherIEEE
Pages282-290
Number of pages9
Volume2005
ISBN (Print)1890843121, 9781890843120
DOIs
Publication statusPublished - 19 Sep 2005
EventPICMET '05: Portland International Conference on Management of Engineering and Technology - Portland, OR, United Kingdom
Duration: 31 Jul 20054 Aug 2005

Conference

ConferencePICMET '05: Portland International Conference on Management of Engineering and Technology
CountryUnited Kingdom
CityPortland, OR
Period31/07/054/08/05

Fingerprint Dive into the research topics of 'Planning under uncertainty: Assessing the robustness of technology real options'. Together they form a unique fingerprint.

  • Cite this

    Driouchi, T., & Leseure, M. J. (2005). Planning under uncertainty: Assessing the robustness of technology real options. In A Unifying Discipline for Melting the Boundaries Technology Management: (Vol. 2005, pp. 282-290). [1509702] IEEE. https://doi.org/10.1109/PICMET.2005.1509702