Building Options at Project Front-End Strategizing: The Power of Capital Design for Evolvability

Table of Contents

1. Cover Page
2. Title Page
3. Copyright Page
4. Table of Contents
5. Manuscript Summary
6. Acknowledgements
7. List of Tables
8. List of Figures
9. Chapter 1—Introduction
   1. 1.1 - Problem Articulation
   2. 1.2 - Conceptual Context and Research Gap
   3. 1.3 - Research Purpose, Objectives, and Research Questions
   4. 1.4 - Manuscript Structure
10. Chapter 2—Literature Review
    1. 2.1 - Capital Management of Projects: Integrating Risk Management and Design Flexibility at Front-End Strategizing
    2. 2.2 - Real Options: Theory and Practice
    3. 2.3 - Final Considerations
11. Chapter 3—Research Method
    1. 3.1 - Research Design
    2. 3.2 - Research Validity and Reliability
12. Chapter 4—Exploratory Study: Uncovering Design for Evolvability Practices in Single-Funder Capital Project Environments
    1. 4.1 - Introduction
    2. 4.2 - Research Context
    3. 4.3 - Front-End Strategizing
    4. 4.4 - Using Options Logic in Capital Design for Evolvability
    5. 4.5 - Assessing the Flexibility Built-In
    6. 4.6 - Final Observations
13. Chapter 5—Design for Evolvability in Multi-Funder Environments: Insights from an Embedded Case Study at Network Rail
    1. 5.2 - The NR Capital Project Context
    2. 5.3 - Design for Evolvability in NR Capital Projects
    3. 5.4 - Final Considerations
14. Chapter 6—A Proof-Of-Principle of a Method to Design for Evolvability
    1. 6.1 - Introduction
    2. 6.2 - Part 1—Analyzing Options
    3. 6.3 - Part 2—Designing Alternatives
    4. 6.4 - Part 3—Project Strategizing
    5. 6.5 - Design for Evolvability Champion
15. Chapter 7—A Two-Group Controlled Experiment: Lab-Based Simulation of the Salford Crescent Redevelopment Project
    1. 7.1 - The Value of Theory-Oriented Experimental Research
    2. 7.2 - The Purpose of a Lab-Based Simulation of Front-End Strategizing
    3. 7.3 - Details of the Capital Project Informing the Simulation Experiment
    4. 7.4 - Generation of Experimental Data
    5. 7.5 - Analysis of the Simulation Results
16. Chapter 8—Final Considerations: Research Implications and Outlook
    1. 8.1 - Summary
    2. 8.2 - Contributions to Theory and Practice
    3. 8.3 - Limitations and Future Research Directions
    4. 8.4 - Final Considerations
17. References
18. Appendices
    1. A - Interview Protocol
    2. B - Questionnaire to Assess Overall Satisfaction with the Front-End Strategizing Process
    3. C - Instructor's Guide
    4. D - Estimating Volatility from Historical Data
    5. E - Generic and Bespoke Design Briefs
    6. F - Route Map for Cross-Pennine, Yorkshire & Humber and North West
    7. G - TOC Franchises around the Salford Crescent Area
    8. H - Meeting Agenda
    9. I - Harvard-Style Case Study