FLEXIBILITY IN DESIGN - Title Page - MIT
FLEXIBILITY IN DESIGN - Title Page - MIT
FLEXIBILITY IN DESIGN - Title Page - MIT
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de Neufville + Scholtes D R A F T September 30, 2009Probability of Missing Target100%90%80%70%60%50%40%30%20%10%0%Phased Design5 Levels Fixed‐50 ‐45 ‐40 ‐35 ‐30 ‐25 ‐20 ‐15 ‐10 ‐5 0 5 10 15 20NPV Target (millions)Figure 3.11: Target curve comparing phased design with fixed design with 5 levelsProbability of Missing Target100%90%80%70%60%50%40%30%20%10%0%6 Levels Fixed5 Levels FixedFlexibleStartingwith 4Levels‐50 ‐45 ‐40 ‐35 ‐30 ‐25 ‐20 ‐15 ‐10 ‐5 0 5 10 15 20NPV Target (millions)Figure 3.12: Target curve for flexible design compared to the best fixed alternativesPart 1: Chapters 1 to 3 <strong>Page</strong> 67 of 69
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