A Real Options Analysis of Spacecraft Software Product Line Architectures
American Journal of Engineering and Technology Management
Volume 4, Issue 2, April 2019, Pages: 47-56
Received: Apr. 25, 2019; Accepted: May 29, 2019; Published: Jun. 12, 2019
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Joseph R. Laracy, Department of Mathematics and Computer Science, Seton Hall University, South Orange, USA; Department of Systematic Theology, Seton Hall University, South Orange, USA
Thomas Marlowe, Department of Mathematics and Computer Science, Seton Hall University, South Orange, USA
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Software and systems engineering for aerospace platforms presents many unique challenges. The decision if, and how, to employ software product line architectures is one recurring question. Real options analysis—applying option valuation techniques to budgeting decisions—can be a powerful tool for engineering managers, project leaders, and mission directors. In this paper, we demonstrate a real options valuation approach to explore this question.
Real Options, Software Product Lines, Software Architecture, Space Systems
To cite this article
Joseph R. Laracy, Thomas Marlowe, A Real Options Analysis of Spacecraft Software Product Line Architectures, American Journal of Engineering and Technology Management. Vol. 4, No. 2, 2019, pp. 47-56. doi: 10.11648/j.ajetm.20190402.12
Copyright © 2019 Authors retain the copyright of this article.
This article is an open access article distributed under the Creative Commons Attribution License (http://creativecommons.org/licenses/by/4.0/) which permits unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
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