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FLEXIBILITY IN DESIGN - Title Page - MIT

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de Neufville + Scholtes D R A F T September 30, 2009Porbability of Achieving Target100%90%80%70%60%50%40%30%20%10%0%‐35 ‐30 ‐25 ‐20 ‐15 ‐10 ‐5 0 5 10Target NPV (millions)Figure 3.9: Risk curve or reverse percentile curve showing the probability that the systemwill meet or exceed the performance indicated on the horizontal axisProbability of Missing theTarget100%90%80%70%60%50%40%30%20%10%0%Chance of losing 10M ormore for 7 levels (~30%)Chance of losing 10M ormore with 5 levels‐50 ‐45 ‐40 ‐35 ‐30 ‐25 ‐20 ‐15 ‐10 ‐5 0 5 10 15 20NPV Target (millions)4 LevelsFixed5 LevelsFixed6 LevelsFixed7 LevelsFixedFigure 3.10: Target curves for designs with different levels of the parking garagePart 1: Chapters 1 to 3 <strong>Page</strong> 66 of 69Chance ofloosing $10Mor more for 7

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