Flexibility in Engineering Design

Name: Flexibility in Engineering Design
Availability: InStock
ISBN: 9780262016230

ISBN-10: 0262016230

ISBN-13: 9780262016230

Edition: 2011

Authors: Richard de Neufville, Stefan Scholtes

List price: $41.00

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Description:

Project teams can improve results by recognizing that the future is inevitably uncertain and that by creating flexible designs they can adapt to eventualities. This approach enables them to take advantage of new opportunities and avoid harmful losses. Designers of complex, long-lasting projects--such as communication networks, power plants, or hospitals--must learn to abandon fixed specifications and narrow forecasts. They need to avoid the "flaw of averages," the conceptual pitfall that traps so many designs in underperformance. Failure to allow for changing circumstances risks leaving significant value untapped. This book is a guide for creating and implementing value-enhancing…

Book details

List price: $41.00
Copyright year: 2011
Publisher: MIT Press
Publication date: 8/12/2011
Binding: Hardcover
Pages: 312
Size: 6.50" wide x 9.25" long x 1.00" tall
Weight: 1.144
Language: English

Stefan Scholtes is Dennis Gillings Professor of Health Management and Academic Director of the Centre for Health Leadership and Enterprise at the Judge Business School, University of Cambridge.