Optimal Timing Strategies
for Capital Investment
Using Real Options Analysis
This project has
been undertaken by Philippa Dodgson and Gavin Bell, as a part of the 2006
Management Science Honours Programme at the
The project involves an
investigation, for a
The Real Options Analysis framework is assessed, and the implications of this approach are examined. From the findings, recommendations are made as to whether Real Options Analysis could be considered a valid decision-making tool for the client.
Click on the following links for further information about this project:
About the Authors
Philippa majored in Management Science for her Undergraduate degree which she completed in 2005, but also has a strong background in Economics, having originally intended this to be her major. She has sound analytical skills which have been employed in the undertaking of this project. In the future, Philippa plans to work as a consultant, specialising in Electricity Market modelling, where she will utilise her extensive experience at programming in zip. Philippa can be contacted on firstname.lastname@example.org.
For his Undergraduate degree, Gavin majored in Statistics and Management Science. He has previously undertaken research work in the University’s Department of Mathematics and Statistics. In this role, he gained strong skills in programming in Matlab, which were utilised in the modelling aspects of this project. Upon completing his Honours year, Gavin plans to move into Finance. Gavin can be contacted on email@example.com. His University profile is located here.
Philippa and Gavin would to thank all of the people who have contributed to the success of this project.
In particular, Dr. Shane Dye and Dr. Terri Green, both from the University of Canterbury’s Management Department, who were the Academic supervisors on this project. Your guidance and advice have been invaluable.
Also, we would like to thank the many staff members at the company this project was undertaken for, who provided their time and expertise over the duration of the project.
Finally, a special shout-out to Nigel ‘50%’ Granger for his wise counsel regarding the electricity industry. Cheers mate.