Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level
Flexibility and adaptability are essential for long-term corporate success, and real options (RO) is the preferred tool for analysis. This research argues that uncertainty is a source of value as the opportunities that it presents can be leveraged by having a flexible system. As a contribution to kn...
| Main Author: | |
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| Format: | Thesis |
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Curtin University
2018
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| Online Access: | http://hdl.handle.net/20.500.11937/70508 |
| _version_ | 1848762273648082944 |
|---|---|
| author | Ajak, Ajak Duany |
| author_facet | Ajak, Ajak Duany |
| author_sort | Ajak, Ajak Duany |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Flexibility and adaptability are essential for long-term corporate success, and real options (RO) is the preferred tool for analysis. This research argues that uncertainty is a source of value as the opportunities that it presents can be leveraged by having a flexible system. As a contribution to knowledge, a relationship between the beta and flexibility index was derived, RO identification framework for mine operational decision-making was proposed and predictive data analytics was utilised to create managerial flexibility. |
| first_indexed | 2025-11-14T10:44:57Z |
| format | Thesis |
| id | curtin-20.500.11937-70508 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| last_indexed | 2025-11-14T10:44:57Z |
| publishDate | 2018 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-705082018-10-25T06:46:41Z Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level Ajak, Ajak Duany Flexibility and adaptability are essential for long-term corporate success, and real options (RO) is the preferred tool for analysis. This research argues that uncertainty is a source of value as the opportunities that it presents can be leveraged by having a flexible system. As a contribution to knowledge, a relationship between the beta and flexibility index was derived, RO identification framework for mine operational decision-making was proposed and predictive data analytics was utilised to create managerial flexibility. 2018 Thesis http://hdl.handle.net/20.500.11937/70508 Curtin University fulltext |
| spellingShingle | Ajak, Ajak Duany Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level |
| title | Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level |
| title_full | Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level |
| title_fullStr | Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level |
| title_full_unstemmed | Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level |
| title_short | Application of the Real Options in Engineering Design and Decision Making: Focus on Mine Design and Planning at Operational Level |
| title_sort | application of the real options in engineering design and decision making: focus on mine design and planning at operational level |
| url | http://hdl.handle.net/20.500.11937/70508 |