This paper presents a five-phase taxonomy of systematic procedures to enable flexibility in
the design and management of engineering systems operating under uncertainty. The …

Blue Growth is the creation of economic activity and jobs at sea, while multiple use of space
makes efficient use of the available sea area by combining industries. Clearly there are …

Climate change and rapid urbanization requires decision-makers to develop a long-term
forward assessment on sustainable urban water management projects. This is further …

The design of engineering systems like airports, communication infrastructures, and real
estate projects today is growing in complexity. Designers need to consider socio-technical …

Many of the world's largest and most profitable offshore oil and gas basins are reaching
maturity and are declining in profitability. Most new discoveries tend to be smaller and …

Decisions in petroleum field development are typically complex because of high investments
under high uncertainty. To improve project performance, decision makers study the effects of …

With increasing global change pressures (urbanization, climate change etc.) coupled with
existing un-sustainability factors and risks inherent to conventional urban water …

This study explores the concepts of real options and flexibility analysis as an approach to
address uncertain demand growth in mobility on-demand (MoD) vehicle-sharing systems …

The ongoing servitization journey of the manufacturing industries instills a through-life
perspective of value, where a combination of products and services is delivered to meet …

Designing engineering systems for flexibility is of utmost importance for future generations of
systems designers and operators. As a core system property, flexibility provides systems …