Schlumberger

Unlocking the Value of Real Options (Chinese)

Unlocking the Value of Real Options
Publication: Oilfield Review
Volume: 15
Issue: 4
Publication Date: 12/01/2003

Real-options analysis captures the effects of uncertainty and change inherent in many projects. Unlike discounted cash flow analysis, it recognizes active project management that takes advantage of project enhancements related to improved technology or market changes. This article describes a way to determine the real-options value of projects.