Author: Harriet Black Nembhard
Publisher: CRC Press
ISBN: 142007170X
Category : Business & Economics
Languages : en
Pages : 258
Book Description
Given that engineering flexibility can potentially provide a competitive advantage, the question then becomes: Precisely how valuable is this flexibility? However, traditional methods often fail to accurately capture the economic value of investments in an environment of widespread uncertainty and rapid change. The real options method represents th
Real Options in Engineering Design, Operations, and Management
Author: Harriet Black Nembhard
Publisher: CRC Press
ISBN: 142007170X
Category : Business & Economics
Languages : en
Pages : 258
Book Description
Given that engineering flexibility can potentially provide a competitive advantage, the question then becomes: Precisely how valuable is this flexibility? However, traditional methods often fail to accurately capture the economic value of investments in an environment of widespread uncertainty and rapid change. The real options method represents th
Publisher: CRC Press
ISBN: 142007170X
Category : Business & Economics
Languages : en
Pages : 258
Book Description
Given that engineering flexibility can potentially provide a competitive advantage, the question then becomes: Precisely how valuable is this flexibility? However, traditional methods often fail to accurately capture the economic value of investments in an environment of widespread uncertainty and rapid change. The real options method represents th
Introduction to Civil Engineering Systems
Author: Samuel Labi
Publisher: John Wiley & Sons
ISBN: 1118415302
Category : Technology & Engineering
Languages : en
Pages : 1060
Book Description
This book presents an integrated systems approach to the evaluation, analysis, design, and maintenance of civil engineering systems. Addressing recent concerns about the world's aging civil infrastructure and its environmental impact, the author makes the case for why any civil infrastructure should be seen as part of a larger whole. He walks readers through all phases of a civil project, from feasibility assessment to construction to operations, explaining how to evaluate tasks and challenges at each phase using a holistic approach. Unique coverage of ethics, legal issues, and management is also included.
Publisher: John Wiley & Sons
ISBN: 1118415302
Category : Technology & Engineering
Languages : en
Pages : 1060
Book Description
This book presents an integrated systems approach to the evaluation, analysis, design, and maintenance of civil engineering systems. Addressing recent concerns about the world's aging civil infrastructure and its environmental impact, the author makes the case for why any civil infrastructure should be seen as part of a larger whole. He walks readers through all phases of a civil project, from feasibility assessment to construction to operations, explaining how to evaluate tasks and challenges at each phase using a holistic approach. Unique coverage of ethics, legal issues, and management is also included.
CIGOS 2021, Emerging Technologies and Applications for Green Infrastructure
Author: Cuong Ha-Minh
Publisher: Springer Nature
ISBN: 9811671605
Category : Science
Languages : en
Pages : 1861
Book Description
This book highlights the key role of green infrastructure (GI) in providing natural and ecosystem solutions, helping alleviate many of the environmental, social, and economic problems caused by rapid urbanization. The book gathers the emerging technologies and applications in various disciplines involving geotechnics, civil engineering, and structures, which are presented in numerous high-quality papers by worldwide researchers, practitioners, policymakers, and entrepreneurs at the 6th CIGOS event, 2021. Moreover, by sharing knowledge and experiences around emerging GI technologies and policy issues, the book aims at encouraging adoption of GI technologies as well as building capacity for implementing GI practices at all scales. This book is useful for researchers and professionals in designing, building, and managing sustainable buildings and infrastructure.
Publisher: Springer Nature
ISBN: 9811671605
Category : Science
Languages : en
Pages : 1861
Book Description
This book highlights the key role of green infrastructure (GI) in providing natural and ecosystem solutions, helping alleviate many of the environmental, social, and economic problems caused by rapid urbanization. The book gathers the emerging technologies and applications in various disciplines involving geotechnics, civil engineering, and structures, which are presented in numerous high-quality papers by worldwide researchers, practitioners, policymakers, and entrepreneurs at the 6th CIGOS event, 2021. Moreover, by sharing knowledge and experiences around emerging GI technologies and policy issues, the book aims at encouraging adoption of GI technologies as well as building capacity for implementing GI practices at all scales. This book is useful for researchers and professionals in designing, building, and managing sustainable buildings and infrastructure.
Complex Systems Design & Management
Author: Marc Aiguier
Publisher: Springer Science & Business Media
ISBN: 3642344046
Category : Technology & Engineering
Languages : en
Pages : 338
Book Description
This book contains all refereed papers that were accepted to the third edition of the « Complex Systems Design & Management » (CSD&M 2012) international conference that took place in Paris (France) from December 12-14, 2012. (Website: http://www.csdm2012.csdm.fr) These proceedings cover the most recent trends in the emerging field of complex systems sciences & practices from an industrial and academic perspective, including the main industrial domains (transport, defense & security, electronics, energy & environment, e-services), scientific & technical topics (systems fundamentals, systems architecture& engineering, systems metrics & quality, systemic tools) and system types (transportation systems, embedded systems, software & information systems, systems of systems, artificial ecosystems). The CSD&M 2012 conference is organized under the guidance of the CESAMES non-profit organization (http://www.cesames.net).
Publisher: Springer Science & Business Media
ISBN: 3642344046
Category : Technology & Engineering
Languages : en
Pages : 338
Book Description
This book contains all refereed papers that were accepted to the third edition of the « Complex Systems Design & Management » (CSD&M 2012) international conference that took place in Paris (France) from December 12-14, 2012. (Website: http://www.csdm2012.csdm.fr) These proceedings cover the most recent trends in the emerging field of complex systems sciences & practices from an industrial and academic perspective, including the main industrial domains (transport, defense & security, electronics, energy & environment, e-services), scientific & technical topics (systems fundamentals, systems architecture& engineering, systems metrics & quality, systemic tools) and system types (transportation systems, embedded systems, software & information systems, systems of systems, artificial ecosystems). The CSD&M 2012 conference is organized under the guidance of the CESAMES non-profit organization (http://www.cesames.net).
Predicting Outcomes of Investments in Maintenance and Repair of Federal Facilities
Author: National Research Council
Publisher: National Academies Press
ISBN: 0309221862
Category : Technology & Engineering
Languages : en
Pages : 142
Book Description
The deteriorating condition of federal facilities poses economic, safety, operational, and environmental risks to the federal government, to the achievement of the missions of federal agencies, and to the achievement of public policy goals. Primary factors underlying this deterioration are the age of federal facilities-about half are at least 50 years old-and decades of inadequate investment for their maintenance and repair. These issues are not new and there are no quick fixes. However, the current operating environment provides both the impetus and the opportunity to place investments in federal facilities' maintenance and repair on a new, more sustainable course for the 21st Century. Despite the magnitude of investments, funding for the maintenance and repair of federal facilities has been inadequate for many years, and myriad projects have been deferred. Predicting Outcomes of Investments in Maintenance and Repair of Federal Facilities identifies processes and practices for transforming the current portfolio of federal facilities into one that is more economically, physically, and environmentally sustainable. This report addresses ways to predict or quantify the outcomes that can be expected from a given level of maintenance and repair investments in federal facilities or facilities' systems, and what strategies, measures, and data should be in place to determine the actual outcomes of facilities maintenance and repair investments.
Publisher: National Academies Press
ISBN: 0309221862
Category : Technology & Engineering
Languages : en
Pages : 142
Book Description
The deteriorating condition of federal facilities poses economic, safety, operational, and environmental risks to the federal government, to the achievement of the missions of federal agencies, and to the achievement of public policy goals. Primary factors underlying this deterioration are the age of federal facilities-about half are at least 50 years old-and decades of inadequate investment for their maintenance and repair. These issues are not new and there are no quick fixes. However, the current operating environment provides both the impetus and the opportunity to place investments in federal facilities' maintenance and repair on a new, more sustainable course for the 21st Century. Despite the magnitude of investments, funding for the maintenance and repair of federal facilities has been inadequate for many years, and myriad projects have been deferred. Predicting Outcomes of Investments in Maintenance and Repair of Federal Facilities identifies processes and practices for transforming the current portfolio of federal facilities into one that is more economically, physically, and environmentally sustainable. This report addresses ways to predict or quantify the outcomes that can be expected from a given level of maintenance and repair investments in federal facilities or facilities' systems, and what strategies, measures, and data should be in place to determine the actual outcomes of facilities maintenance and repair investments.
Handbook of Engineering Systems Design
Author: Anja Maier
Publisher: Springer Nature
ISBN: 303081159X
Category : Technology & Engineering
Languages : en
Pages : 1040
Book Description
This handbook charts the new engineering paradigm of engineering systems. It brings together contributions from leading thinkers in the field and discusses the design, management and enabling policy of engineering systems. It contains explorations of core themes including technical and (socio-) organisational complexity, human behaviour and uncertainty. The text includes chapters on the education of future engineers, the way in which interventions can be designed, and presents a look to the future. This book follows the emergence of engineering systems, a new engineering paradigm that will help solve truly global challenges. This global approach is characterised by complex sociotechnical systems that are now co-dependent and highly integrated both functionally and technically as well as by a realisation that we all share the same: climate, natural resources, a highly integrated economical system and a responsibility for global sustainability goals. The new paradigm and approach requires the (re)designing of engineering systems that take into account the shifting dynamics of human behaviour, the influence of global stakeholders, and the need for system integration. The text is a reference point for scholars, engineers and policy leaders who are interested in broadening their current perspective on engineering systems design and in devising interventions to help shape societal futures.
Publisher: Springer Nature
ISBN: 303081159X
Category : Technology & Engineering
Languages : en
Pages : 1040
Book Description
This handbook charts the new engineering paradigm of engineering systems. It brings together contributions from leading thinkers in the field and discusses the design, management and enabling policy of engineering systems. It contains explorations of core themes including technical and (socio-) organisational complexity, human behaviour and uncertainty. The text includes chapters on the education of future engineers, the way in which interventions can be designed, and presents a look to the future. This book follows the emergence of engineering systems, a new engineering paradigm that will help solve truly global challenges. This global approach is characterised by complex sociotechnical systems that are now co-dependent and highly integrated both functionally and technically as well as by a realisation that we all share the same: climate, natural resources, a highly integrated economical system and a responsibility for global sustainability goals. The new paradigm and approach requires the (re)designing of engineering systems that take into account the shifting dynamics of human behaviour, the influence of global stakeholders, and the need for system integration. The text is a reference point for scholars, engineers and policy leaders who are interested in broadening their current perspective on engineering systems design and in devising interventions to help shape societal futures.
Business Risk Management
Author: Edward J. Anderson
Publisher: John Wiley & Sons
ISBN: 1118349466
Category : Mathematics
Languages : en
Pages : 389
Book Description
A comprehensive and accessible introduction to modern quantitative risk management. The business world is rife with risk and uncertainty, and risk management is a vitally important topic for managers. The best way to achieve a clear understanding of risk is to use quantitative tools and probability models. Written for students, this book has a quantitative emphasis but is accessible to those without a strong mathematical background. Business Risk Management: Models and Analysis Discusses novel modern approaches to risk management Introduces advanced topics in an accessible manner Includes motivating worked examples and exercises (including selected solutions) Is written with the student in mind, and does not assume advanced mathematics Is suitable for self-study by the manager who wishes to better understand this important field. Aimed at postgraduate students, this book is also suitable for senior undergraduates, MBA students, and all those who have a general interest in business risk.
Publisher: John Wiley & Sons
ISBN: 1118349466
Category : Mathematics
Languages : en
Pages : 389
Book Description
A comprehensive and accessible introduction to modern quantitative risk management. The business world is rife with risk and uncertainty, and risk management is a vitally important topic for managers. The best way to achieve a clear understanding of risk is to use quantitative tools and probability models. Written for students, this book has a quantitative emphasis but is accessible to those without a strong mathematical background. Business Risk Management: Models and Analysis Discusses novel modern approaches to risk management Introduces advanced topics in an accessible manner Includes motivating worked examples and exercises (including selected solutions) Is written with the student in mind, and does not assume advanced mathematics Is suitable for self-study by the manager who wishes to better understand this important field. Aimed at postgraduate students, this book is also suitable for senior undergraduates, MBA students, and all those who have a general interest in business risk.
Flexibility in Engineering Design
Author: Richard De Neufville
Publisher: MIT Press
ISBN: 0262297337
Category : Science
Languages : en
Pages : 310
Book Description
A guide to using the power of design flexibility to improve the performance of complex technological projects, for designers, managers, users, and analysts. Project teams can improve results by recognizing that the future is inevitably uncertain and that by creating flexible designs they can adapt to eventualities. This approach enables them to take advantage of new opportunities and avoid harmful losses. Designers of complex, long-lasting projects—such as communication networks, power plants, or hospitals—must learn to abandon fixed specifications and narrow forecasts. They need to avoid the “flaw of averages,” the conceptual pitfall that traps so many designs in underperformance. Failure to allow for changing circumstances risks leaving significant value untapped. This book is a guide for creating and implementing value-enhancing flexibility in design. It will be an essential resource for all participants in the development and operation of technological systems: designers, managers, financial analysts, investors, regulators, and academics. The book provides a high-level overview of why flexibility in design is needed to deliver significantly increased value. It describes in detail methods to identify, select, and implement useful flexibility. The book is unique in that it explicitly recognizes that future outcomes are uncertain. It thus presents forecasting, analysis, and evaluation tools especially suited to this reality. Appendixes provide expanded explanations of concepts and analytic tools.
Publisher: MIT Press
ISBN: 0262297337
Category : Science
Languages : en
Pages : 310
Book Description
A guide to using the power of design flexibility to improve the performance of complex technological projects, for designers, managers, users, and analysts. Project teams can improve results by recognizing that the future is inevitably uncertain and that by creating flexible designs they can adapt to eventualities. This approach enables them to take advantage of new opportunities and avoid harmful losses. Designers of complex, long-lasting projects—such as communication networks, power plants, or hospitals—must learn to abandon fixed specifications and narrow forecasts. They need to avoid the “flaw of averages,” the conceptual pitfall that traps so many designs in underperformance. Failure to allow for changing circumstances risks leaving significant value untapped. This book is a guide for creating and implementing value-enhancing flexibility in design. It will be an essential resource for all participants in the development and operation of technological systems: designers, managers, financial analysts, investors, regulators, and academics. The book provides a high-level overview of why flexibility in design is needed to deliver significantly increased value. It describes in detail methods to identify, select, and implement useful flexibility. The book is unique in that it explicitly recognizes that future outcomes are uncertain. It thus presents forecasting, analysis, and evaluation tools especially suited to this reality. Appendixes provide expanded explanations of concepts and analytic tools.
Handbook of New Product Development Management
Author: Christoph Loch
Publisher: Routledge
ISBN: 1136399836
Category : Business & Economics
Languages : en
Pages : 560
Book Description
Managing new product development is a key area of management, straddling strategy, innovation and entrepreneurship and macro-organizational behaviour. All of the contributorsin the Handbook of New Product Developmentare are well-known and leading exponents to theory of New Product Development and to methods used in practice. They draw upon their experience and work to offer a comprehensive view of the challenges in managing the development of new products. Existing knowledge in the different topics is examined and the key management challenges, and the important gaps in our knowledge are discussed. Most of the chapters draw upon systematic interaction with companies and practice and this is presented in the examples and the case studies cited. The Handbook of New Product Development and Management surveys this area in the context of an overall framework that explains how aspects interact and combine in a successful NPD process. Each chapter outlines open questions and highlights needs for future research.
Publisher: Routledge
ISBN: 1136399836
Category : Business & Economics
Languages : en
Pages : 560
Book Description
Managing new product development is a key area of management, straddling strategy, innovation and entrepreneurship and macro-organizational behaviour. All of the contributorsin the Handbook of New Product Developmentare are well-known and leading exponents to theory of New Product Development and to methods used in practice. They draw upon their experience and work to offer a comprehensive view of the challenges in managing the development of new products. Existing knowledge in the different topics is examined and the key management challenges, and the important gaps in our knowledge are discussed. Most of the chapters draw upon systematic interaction with companies and practice and this is presented in the examples and the case studies cited. The Handbook of New Product Development and Management surveys this area in the context of an overall framework that explains how aspects interact and combine in a successful NPD process. Each chapter outlines open questions and highlights needs for future research.
Real Options
Author: Martha Amram
Publisher: Oxford University Press on Demand
ISBN: 9780875848457
Category : Business & Economics
Languages : en
Pages : 246
Book Description
Using real-world examples and clear case studies, the authors provide investors and managers with an innovative method for assessing a company's non-financial assets, allowing them to assess opportunities whose financial rewards are less than certain.
Publisher: Oxford University Press on Demand
ISBN: 9780875848457
Category : Business & Economics
Languages : en
Pages : 246
Book Description
Using real-world examples and clear case studies, the authors provide investors and managers with an innovative method for assessing a company's non-financial assets, allowing them to assess opportunities whose financial rewards are less than certain.