Real Options Analysis (ROA) is an innovative framework that applies financial option theory to real-life investment decisions, thereby providing a dynamic method for evaluating projects under ...

Wall Street invented stock call options to give investors a powerful risk-hedging technique. Like a sorcerer’s crystal ball, options provide visibility into the future economic effect of a pending ...

Real options have gained considerable traction among management scholars and practitioners, yet some challenges remain regarding their strategic value and appropriate use. This article seeks to add ...

Technology projects are inherently risky; research shows that large IT projects succeed as planned only 28 percent of the time. Building flexibility, or real options, into a project can help manage ...