Please use this identifier to cite or link to this item:
https://dair.nps.edu/handle/123456789/2425
Title: | Application of Real Options Theory to DoD Software Acquisitions |
Authors: | Albert Olagbemiro Johnathan Mun Man-Tak Shing |
Keywords: | Real Options Strategic Investments Software Acquisitions Risk Management Software Engineering |
Issue Date: | 1-Feb-2009 |
Publisher: | Acquisition Research Program |
Citation: | Published--Unlimited Distribution |
Series/Report no.: | Real Options Theory NPS-AM-09-007 |
Abstract: | The traditional real options valuation methodology, when enhanced and properly formulated around a proposed or existing software investment employing the spiral development approach, provides a framework for guiding software acquisition decision-making by highlighting the strategic importance of managerial flexibility in managing risk and balancing a customer's requirements within cost and schedule constraints. This article discusses and describes how an integrated risk management framework based on real options theory could be used as an effective risk management tool to address the issue of requirements uncertainty as it relates to software acquisition and, therefore, guide the software acquisition decision-making process. |
Description: | Acquisition Management / NPS Faculty Research |
URI: | https://dair.nps.edu/handle/123456789/2425 |
Appears in Collections: | Sponsored Acquisition Research & Technical Reports |
Files in This Item:
File | Size | Format | |
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NPS-AM-09-007.pdf | 353.42 kB | Adobe PDF | View/Open |
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