Contents & References of Evaluation and analysis of complex information technology projects with the approach of analyzing real options
Chapter 1: General research
1-1 Introduction: 2
1-2 statement of the problem. 2
1-3 Necessity of research. 3
1-4 research objectives. 3
1-4-1 general objectives. 3
1-4-2 minor objectives. 3
1-5 research questions. 4
1-6 research variables: 4
1-6-1 independent variable: 4
1-6-2 dependent variable: 4
1-7 research assumptions: 4
1-8 research data collection method. 4
1-9 scope of research. 5
1-9-1 The spatial territory of the research. 5
1-9-2 Time domain of research. 5
1-9-3 Subject area of ??research. 5
1-10 applied aspects of research. 5
1-11 research innovation. 5
1-12 key words and operational definition of words: 5
1-13 Summary: 6
Chapter Two: Literature and Research Background
2-1 Introduction. 8
2-2 Theory of financial options. 8
2-2-1 Definitions: (1973, Black& Scholes. 10
2-3 Analysis of real options. 10
2-3-1 Real options versus financial options. 13
2-4 Types of options: 14
2-4-1 Simple options. 14
2-4-2 Compound options. 16
2-5 methods of valuation of real options. 17
2-5-1-Scholes equation. 20
2-5-1-2 Advantages and limitations of the 2-5-2 Scholes equation. 22-5-2 advantages and limitations of the 2-5-2 model Black-Scholes method. 2-5-3. Monte Carlo simulation. 2-6. How to estimate them. 2-6-1 Asset value. 26
2-6-2-1 What is changeability? 27
2-6-2-1-1 Variability estimation methods: 27
2-6-3 option price. 27
2-6-4 lifetime of option. 28
2-6-5 Number of time intervals. 28
2-7 Authority and uncertainty. 28
2-8 Comparison of real options with decision tree. 31
2-9 When is the analysis of real options more valuable? 31
2-11 Investment. 32
2-12 Complexity. 33
2-13 IT project implementation patterns. 33
2-14 traditional methods of investment evaluation. 35
2-15 Risk analysis of information technology investments. 36
2-16 special features of IT investments. 37
2-17 Deficiencies of traditional methods for assessing the risk of investment in information technology. 38
2-18 Factors determining the value of real options in IT investment. 39
2-19 Nested Options Model: 39
2-20 The Real Options Method and IT Investment Decisions: 39
2-21 ROT Criticisms and Defenses. 40
2-22 Research Background: 41
2-23 Options used for each of IT investment risks in past research. 46
2-24 Summary: 49
Chapter Three: Research Method
3-1 Introduction. 51
3-2 research method. 51
3-3 research objective. 53
3-3-1 General objectives. 53
3-3-2 minor objectives. 53
3-3-3 Assumptions of the research: 53
3-5 Society and statistical sample of the research. 53
6-3 methods of research data collection. 54
3-7 Information gathering tool in this research: 54
3-7-1 Guide form: 54
3-7-2 Questionnaire: 56
3-7-2-1 Questionnaire design steps. 57
3-8 library studies: 58
3-9 summary: 58
Chapter four: information analysis
4-2 information analysis method. 61
4-2-1 Results of descriptive findings: 61
4-2-2 Regression analysis: 63
4-2-3 Results of findings from the open question of the questionnaire: 65
4-3 Stage technique based on Real Options for ERP project investment: 68
4-3-1 Evaluation of ERP project using research model: 68
4-4 Valuation of options considered in the project using the binomial tree method. 69
4-4-1 Definition of input parameters. 69
4-4-2 Calculating investment benefits and costs. 69
4-4-3 Investment evaluation with NPV method. 70
4-5 Calculating the parameters of building a binomial tree. 71
4-5-1 Constructing a binomial tree and calculating the expected value at each node of the tree. 71
4-5-2 Valuation of option expansion: 71
4-5-3 Valuation of options. 73
4-5-3-1 Calculating the node value with regression method: 73
4-5-4 Analysis of the valuation results of expansion option. 74
4-6 valuation of downsizing option. 74
4-6-1 Analysis of the results of the downsizing option valuation. 77
4-7 Option valuation. 77
4-7-1 Analysis of option valuation results. 78
4-8 Comparison of the results of discounted cash flow analysis and real options method. 79
Chapter Five: Conclusions and Suggestions
5-1 Introduction. 82
5-2 Summary: 82
5-3 Answers to research questions: 83
5-4 Research findings: 84
5-5 limitations and the shortcomings of previous research. 84
5-6 Innovations and main advantages of research. 85
5-7 limitations of conducting research. 85
5-8 suggestions for future research. 86
5-8 suggestions for the company: 86
Sources and sources:
Sources and sources.. 89
Appendices.. 95
List of tables:
Table 2-1 four types of basic financial options based on Andersen, 2002)). 9
Table 2-2 Differences between options in financial transactions and real options (Rivey, 2007. 12
Table 2-3 Correspondence between options theory variables and real options theory (Dias, 2004). 13
Table 2-4 shows the Black and Schulz formula for determining the value of a call option. 18
Table 2-5 of the modified Dos Santos equation. 21
Table 2-6 of the efficiency of options in dealing with different problem conditions 47 Table 2-9 Sources Table 3-1 Guide to the use of each option 57 Table 4-1 Selection of identified risks Table 4-2 64
Table 4-3 introducing the types of options for risk management of information technology investment in the studied company. 66
Table 4-4 input parameters in the real option valuation model. 69
Table 4-5 assumptions necessary for investment. 70
Table 4-6 NPV calculation for ERP project. 70