Reducing risk through real options in systems design: The case of architecting a maritime domain protection system

Risk Analysis

Volumn 29, Issue 3, 2009, Pages 366-379

  Buurman, Joost ^a   Zhang, Stephen ^a   Babovic, Vladan ^a  

^a Bangkok Bank Building ^*  (Singapore)

Author keywords

Flexibility; Maritime domain protection; Real options analysis; Systems design risk

Indexed keywords

COMPLEX ENGINEERING SYSTEMS; ENGINEERING SYSTEMS; FLEXIBILITY; MARITIME DOMAIN PROTECTION; MONTE-CARLO ANALYSIS; POSSIBLE FUTURES; PROTECTION SYSTEMS; REAL OPTIONS; REAL OPTIONS ANALYSIS; STATIC DESIGNS; STATIC SYSTEMS; SYSTEM ARCHITECTURES; SYSTEM DESIGNS; SYSTEMS DESIGN RISK;

DESIGN; PLANNING; REAL TIME SYSTEMS; RISK ANALYSIS; STRATEGIC PLANNING; SYSTEMS ANALYSIS; VALUE ENGINEERING;

COST BENEFIT ANALYSIS;

ARCHITECTURAL DESIGN; COASTAL PROTECTION; GENETIC ALGORITHM; MONTE CARLO ANALYSIS; RISK ASSESSMENT; STRATEGIC APPROACH; UNCERTAINTY ANALYSIS;

ARCHITECTURE; DECISION MAKING; ENGINEERING; GENETIC ALGORITHM; MONTE CARLO METHOD; POLITICS; REAL OPTIONS ANALYSIS; REVIEW; RISK REDUCTION; STRATEGIC PLANNING; SYSTEM ANALYSIS; TERRORISM;

RISK ASSESSMENT; SOFTWARE DESIGN; SYSTEMS ANALYSIS;

EID: 60349105217     PISSN: 02724332     EISSN: 15396924     Source Type: Journal    
DOI: 10.1111/j.1539-6924.2008.01160.x     Document Type: Review

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