Download PDF by Richard de Neufville,Stefan Scholtes: Flexibility in Engineering Design (Engineering Systems)

By Richard de Neufville,Stefan Scholtes

ISBN-10: 0262016230

ISBN-13: 9780262016230

Project groups can enhance effects by way of spotting that the longer term is unavoidably doubtful and that via growing versatile designs they could adapt to scenarios. This method permits them to use new possibilities and keep away from destructive losses. Designers of advanced, long-lasting initiatives -- reminiscent of communique networks, strength crops, or hospitals -- needs to learn how to abandon fastened requirements and slender forecasts. they should keep away from the "flaw of averages," the conceptual pitfall that traps such a lot of designs in underperformance. Failure to permit for altering situations dangers leaving major price untapped. This e-book is a advisor for developing and imposing value-enhancing flexibility in layout. it is going to be a vital source for all contributors within the improvement and operation of technological platforms: designers, managers, monetary analysts, traders, regulators, and academics.The e-book offers a high-level evaluate of why flexibility in layout is required to bring considerably elevated price. It describes intimately the right way to determine, decide upon, and enforce invaluable flexibility. The publication is exclusive in that it explicitly acknowledges that destiny results are doubtful. It therefore provides forecasting, research, and review instruments specially fitted to this fact. Appendixes supply extended factors of strategies and analytic tools.

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Flexibility in Engineering Design (Engineering Systems) by Richard de Neufville,Stefan Scholtes

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