Evaluation of Software Development Investments : A Real Options Approach
- Autores
- Sánchez, Marisa Analía; Milanesi, Gastón Silverio
- Año de publicación
- 2011
- Idioma
- inglés
- Tipo de recurso
- documento de conferencia
- Estado
- versión publicada
- Descripción
- Software development projects are exposed to multiple sources of uncertainty. This uncertainty has an enormous impact in the investment economic value. The variability of a software development project payoff can be represented by the volatility of the project value over the analyzed period. The aim of this work is to define a framework to estimate the volatility of IT investments that takes into account all relevant information that has impact on project value, and show how to use this volatility estimation in a real options analysis. The suggested method could help IT managers produce a well-structured valuation process in software development investment decision-making, and understand the interactions between software process, market environment, financial issues and options value in a clear way.
Sociedad Argentina de Informática e Investigación Operativa - Materia
-
Ciencias Informáticas
Software economics
Real Options Analysis
Investment Analysis
Risk Management
Software Management
System Dynamics - Nivel de accesibilidad
- acceso abierto
- Condiciones de uso
- http://creativecommons.org/licenses/by-nc-sa/4.0/
- Repositorio
- Institución
- Universidad Nacional de La Plata
- OAI Identificador
- oai:sedici.unlp.edu.ar:10915/125474
Ver los metadatos del registro completo
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Evaluation of Software Development Investments : A Real Options ApproachSánchez, Marisa AnalíaMilanesi, Gastón SilverioCiencias InformáticasSoftware economicsReal Options AnalysisInvestment AnalysisRisk ManagementSoftware ManagementSystem DynamicsSoftware development projects are exposed to multiple sources of uncertainty. This uncertainty has an enormous impact in the investment economic value. The variability of a software development project payoff can be represented by the volatility of the project value over the analyzed period. The aim of this work is to define a framework to estimate the volatility of IT investments that takes into account all relevant information that has impact on project value, and show how to use this volatility estimation in a real options analysis. The suggested method could help IT managers produce a well-structured valuation process in software development investment decision-making, and understand the interactions between software process, market environment, financial issues and options value in a clear way.Sociedad Argentina de Informática e Investigación Operativa2011-09info:eu-repo/semantics/conferenceObjectinfo:eu-repo/semantics/publishedVersionObjeto de conferenciahttp://purl.org/coar/resource_type/c_5794info:ar-repo/semantics/documentoDeConferenciaapplication/pdf49-60http://sedici.unlp.edu.ar/handle/10915/125474enginfo:eu-repo/semantics/altIdentifier/url/https://40jaiio.sadio.org.ar/sites/default/files/T2011/ASSE/654.pdfinfo:eu-repo/semantics/altIdentifier/issn/1850-2792info:eu-repo/semantics/openAccesshttp://creativecommons.org/licenses/by-nc-sa/4.0/Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0)reponame:SEDICI (UNLP)instname:Universidad Nacional de La Platainstacron:UNLP2025-09-03T11:02:14Zoai:sedici.unlp.edu.ar:10915/125474Institucionalhttp://sedici.unlp.edu.ar/Universidad públicaNo correspondehttp://sedici.unlp.edu.ar/oai/snrdalira@sedici.unlp.edu.arArgentinaNo correspondeNo correspondeNo correspondeopendoar:13292025-09-03 11:02:14.948SEDICI (UNLP) - Universidad Nacional de La Platafalse |
dc.title.none.fl_str_mv |
Evaluation of Software Development Investments : A Real Options Approach |
title |
Evaluation of Software Development Investments : A Real Options Approach |
spellingShingle |
Evaluation of Software Development Investments : A Real Options Approach Sánchez, Marisa Analía Ciencias Informáticas Software economics Real Options Analysis Investment Analysis Risk Management Software Management System Dynamics |
title_short |
Evaluation of Software Development Investments : A Real Options Approach |
title_full |
Evaluation of Software Development Investments : A Real Options Approach |
title_fullStr |
Evaluation of Software Development Investments : A Real Options Approach |
title_full_unstemmed |
Evaluation of Software Development Investments : A Real Options Approach |
title_sort |
Evaluation of Software Development Investments : A Real Options Approach |
dc.creator.none.fl_str_mv |
Sánchez, Marisa Analía Milanesi, Gastón Silverio |
author |
Sánchez, Marisa Analía |
author_facet |
Sánchez, Marisa Analía Milanesi, Gastón Silverio |
author_role |
author |
author2 |
Milanesi, Gastón Silverio |
author2_role |
author |
dc.subject.none.fl_str_mv |
Ciencias Informáticas Software economics Real Options Analysis Investment Analysis Risk Management Software Management System Dynamics |
topic |
Ciencias Informáticas Software economics Real Options Analysis Investment Analysis Risk Management Software Management System Dynamics |
dc.description.none.fl_txt_mv |
Software development projects are exposed to multiple sources of uncertainty. This uncertainty has an enormous impact in the investment economic value. The variability of a software development project payoff can be represented by the volatility of the project value over the analyzed period. The aim of this work is to define a framework to estimate the volatility of IT investments that takes into account all relevant information that has impact on project value, and show how to use this volatility estimation in a real options analysis. The suggested method could help IT managers produce a well-structured valuation process in software development investment decision-making, and understand the interactions between software process, market environment, financial issues and options value in a clear way. Sociedad Argentina de Informática e Investigación Operativa |
description |
Software development projects are exposed to multiple sources of uncertainty. This uncertainty has an enormous impact in the investment economic value. The variability of a software development project payoff can be represented by the volatility of the project value over the analyzed period. The aim of this work is to define a framework to estimate the volatility of IT investments that takes into account all relevant information that has impact on project value, and show how to use this volatility estimation in a real options analysis. The suggested method could help IT managers produce a well-structured valuation process in software development investment decision-making, and understand the interactions between software process, market environment, financial issues and options value in a clear way. |
publishDate |
2011 |
dc.date.none.fl_str_mv |
2011-09 |
dc.type.none.fl_str_mv |
info:eu-repo/semantics/conferenceObject info:eu-repo/semantics/publishedVersion Objeto de conferencia http://purl.org/coar/resource_type/c_5794 info:ar-repo/semantics/documentoDeConferencia |
format |
conferenceObject |
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publishedVersion |
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http://sedici.unlp.edu.ar/handle/10915/125474 |
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http://sedici.unlp.edu.ar/handle/10915/125474 |
dc.language.none.fl_str_mv |
eng |
language |
eng |
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info:eu-repo/semantics/altIdentifier/url/https://40jaiio.sadio.org.ar/sites/default/files/T2011/ASSE/654.pdf info:eu-repo/semantics/altIdentifier/issn/1850-2792 |
dc.rights.none.fl_str_mv |
info:eu-repo/semantics/openAccess http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) |
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openAccess |
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http://creativecommons.org/licenses/by-nc-sa/4.0/ Creative Commons Attribution-NonCommercial-ShareAlike 4.0 International (CC BY-NC-SA 4.0) |
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application/pdf 49-60 |
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