Easson, Michael Bernard (2016) The application of a theory of real options (tro) to the decision-making of mega urban transport projects (mutps). PhD thesis, University of Melbourne, Australia.
Abstract
The work investigated the application of a theory of real options to decision-making on major transport projects. By combining a study of the composition of planning decisions with that of risk management and allocation the research opens new avenues for decision-makers assessing and seeking implementation of major projects.
| Item Type: | Thesis (Doctoral) |
|---|---|
| Thesis advisor: | Low, Nicholas |
| Uncontrolled Keywords: | real options; cost benefit analysis; fast rail; metro rail; toll roads |
| Index terms: | risk management, real option, implementation, major project, decision-making, cost benefit analysis, toll |
| Subjects: | data analysis and analytics, risk assessment, decision analysis, economic analysis, strategic project management, contractual arrangements, transportation engineering |
| Topics: | Risk Management, Procurement, Engineering Principles, Project Management, Business Strategy, Research Practice |
| Descriptive scope: | 3 PCA |
N.B. Descriptive scope is a count of how many of the five facets of empirical research are indicated by the words used in title, abstract and keywords. It is not intended as a judgement on the research; merely a count of the kind of word we would expect to indicate Phenomenon, Concepts, Theoretical framing, Empirical techniques, Analytical techniques. If all five are present, then a code of “5 PCTEA” will indicate this. If you feel the coding for this record is questionable, we welcome discussion around the terms we matched or the way we categorized them. The facet you would expect may not be coded, or a facet may be coded inappropriately. This can also bear on a larger question, of which facets should be treated as defining in construction management research. Please get in touch, and we will look at it. More details here