Research Method

This section describes the method adopted to investigate the research questions posed in Chapter 1. It first explains how the research is designed and justifies the selection of each task and how they relate to one another. Subsequently, the importance of the development of capital projects is presented, explaining how the particular empirical settings chosen represent a suitable instantiation of this world. Each research stage is then described in detail, explaining how it contributes to answer the research questions. The exploratory case study seeks to understand the difficulties of using real options models in front-end strategizing capital projects and to what extent project teams use options thinking when making ...

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