This article presents a real option model for helping investors to determine the optimal investment timing and scale of overseas oil projects. The model is suitable for the highly uncertain environments in which many oil companies operate, where they...
The construction industry and the built environment accounts for 38% of global greenhouse gases. Significant efforts are being implemented across stakeholder categories to provide supportive guidelines and ways to address the negative impact; however...
Today, sustainability, sustainable development and clean environment come to the fore worldwide. Consequently, the concept of sustainability has been introduced in project management. Sustainability issues have gained particular attention in the real...
The algebraic approach to bundles in non-commutative geometry and the definition of quantum real weighted projective spaces are reviewed. Principal U(1)-bundles over quantum real weighted projective spaces are constructed. As the spaces in question f...
In this article, we consider an iterated functions system on the non-Euclidean real projective plane which has a linear structure. Then, we study the fractal dimension of the associated curve as a subset of the projective space and like a set of the...
This paper describes the case study of applying projection-based augmented reality, especially for dynamic objects in live performing shows, such as plays, dancing, or musicals. Our study aims to project imagery correctly inside the silhouettes of fl...
Pattern projection-based 3D measurement systems are widely used for contactless, non-destructive optical 3D shape measurements. In addition, many robot-operated automation tasks require real-time reconstruction of accurate 3D data. In previous works,...
Models of set theory are defined, in which nonconstructible reals first appear on a given level of the projective hierarchy. Our main results are as follows. Suppose that
Scientific and effective operation control of the Middle Route of South-to-North Water Diversion Project (MRP) is crucial to ensure water conveyance safety. As the longest water transfer project in China, its operation is confronted with unprecedente...
The bidding price is one of the important factors for construction enterprises in winning a bid. In the context of public bidding in the construction industry, in the process of group competition, how to estimate the individual bids to calculate thei...
Real options analysis is an adequate tool with which to value companies and projects under investment uncertainty. Nevertheless, the estimation of the volatility to be employed in the valuation procedure is a challenging task. The volatility paramete...
Fringe projection profilometry (FPP) is widely used for 3D reconstruction, but conventional single-view FPP systems suffer from inherent occlusions and shadow regions, leading to incomplete surface recovery. In this study, we propose CVA-Net, an end-...
This study conducts an in-depth evaluation of imaging algorithms and software and hardware architectures to meet the capability requirements of real-time image acquisition systems, such as spaceborne and airborne synthetic aperture radar (SAR) system...
Investment decisions usually involve the assessment of more than one financial asset or investment project (real asset). The most appropriate way to analyze the viability of a real asset is not to study it in isolation but as part of a portfolio with...
We analyse the factors involved in the selection of a development site to secure the economic feasibility and profitability of a public development real estate project through a comparative analysis with private development projects. Logistic regress...
Carbon capture and utilization (CCU) is one of the key technologies that may help to reduce industrial emissions. However, the deployment of CCU is hampered by various barriers, including high levels of technical, policy and market uncertainty. The r...
Nowadays, the urban population is steadily increasing worldwide and, as a result, global construction output is expected to grow to more than 16 trillion EUR by 2030. This rapid urbanization has created a strong need for the successful selection and...
Concession period of PPP (Public–Private Partnership) projects is the most essential feature in determining the time span of various rights, obligations and responsibilities between the government and concessionaire. Most traditional methods are base...
In interior design projects, homeowners’ expectations and thoughts in mind are sometimes ambiguous and hard to pinpoint. This lack of clarity can lead to disagreements between owners and designers, making it difficult for designers to receive due rem...
Over the last decade, prefabrication has emerged as a strategic alternative to address the global construction industry’s challenges concerning sustainability, productivity, and the housing deficit. This study analyzes the advances, benefits, l...
The issue of application of real option valuation approach in the valuation of investment project is presented in the article in a way in which the flexibility of the project could be included in the process of its valuation. The authors apply the va...
This study examines the integration of multi-real-option valuation and security token offering (STO) as an innovative approach to real estate project financing. The case study of Aspen Resort Development serves to illustrate this methodology. The tra...
The main research purpose of the present paper is the establishment of certain compliance criteria, applied for the selection of the most appropriate, per case, bridge construction method, as well as the definition of the weights of these criteria. T...
Real estate and buildings are some of facility managers’ most costly resources. Thus, knowledge about how to get the most out of building or renovation projects both in the short term and in the long term are of great importance for facility managers...
In contrast to the extensive research on the impact of green buildings on character, property values, energy efficiency, and environmental quality, less emphasis has been placed on understanding the factors driving users’ selection of green rea...
Since 2016, strict regulatory policies have limited the size and financing channels of China’s urban real estate market. To adapt to the new situation, real estate developers need to adjust their development strategies and adopt more precise in...
Changes in the opening of gates in open channel water transfer projects will cause fluctuations in the water level and flow of adjacent open channels and thus bring great challenges for real-time water level prediction. In this paper, a novel slope-s...
Despite the widespread adoption of project-based learning in higher education, few empirical studies have explored its impact on situating learners within real-world contexts and enhancing student engagement. This study situates undergraduates in a t...
Green methanol is a key pathway for deep decarbonization of the chemical industry and for absorbing intermittent renewable power, yet its commercialization is hampered by high costs and is highly sensitive to the carbon price, to the pace of technolo...
Modern conditions for real investment are generally associated with increasing uncertainty, which is even more relevant when evaluating innovative projects. Current innovation analysis methods using a linear model are outdated. At the same time, an o...
This research uses real options analysis (ROA) to examine a lender’s conversion option in a mezzanine debt for a sustainable infrastructure project. We examine a transport infrastructure case in Medellin, Colombia, called “Tunel del Orien...
Engineering requires solid mathematical knowledge in addition to hands-on experience. At the same time, finding the right balance between mathematics and applications is challenging. This paper presents the implementation of virtual and real experime...
11 May 2020
In an era of global aging, spinal and other joint degeneration issues have become a major problem for many elders. Bone-related operations have become the largest percentage of surgeries, accounting for 40% of the top 10 operations in the United Stat...
Public building retrofit is an important pathway for reducing operational carbon emissions, but evidence-based technology prioritisation remains limited under real-world multi-technology retrofit conditions. This study develops an interpretable data-...
Addressing the real-time control challenges within large-scale, complex resource-constrained project scheduling, this paper investigates control strategies to ensure the on-time initiation of critical task nodes during the execution of aviation clust...
The growth of solar energy is projected to slow down during 2023–25 despite the fall in costs due to economic deceleration, reduced incentives, and market barriers including the lack of relevant and flexible energy project planning and decision-makin...
The use of renewable energy sources, especially wind energy, has been widely developed, mostly during the last decade. The main objective of the present study is to conduct a literature review focused on the evaluation under uncertainty of wind energ...
The construction industry is under mounting pressure to enhance its sustainability performance. Increasing project complexity and risk require real-time data collection, monitoring, and assistance in decision making via the Internet of Things (IoT)....
A well-known idea is to identify spheres, points, and hyperplanes in Euclidean space
R&D project valuation is important for effective R&D portfolio management through decision making, related to the firm’s R&D productivity, sustainable management. In particular, scholars have emphasized the necessities of capturing option...
The condition of the oil and gas sector is characterized by the complication of geological settings, and there is more competition in energy markets due to the current trend towards decarbonization. These circumstances require oil and gas companies t...
In recent years, the global energy crisis, concerns about energy security and grid parity, and the pressure to develop policies for reducing the environmental impact of anthropogenic activities have accelerated investments in renewable energy. A grow...
This paper presents a novel evaluation framework to assess the effectiveness of city transformation projects related to energy efficiency and sustainable mobility actions. The evaluation framework is part of an Urban Regeneration Model designed to ac...
This paper investigates the impact of the adoption of public support on the performance of public–private partnership (PPP) projects as perceived and measured by the different actors involved. In particular, the public support investigated by t...
Wind energy projects represent, currently, a valid opportunity to support United Nations Sustainable Development Goal 7. However, these projects can appear financially unattractive considering the unfavorable meteorological conditions, uncertain elec...
Energy efficiency retrofits are widely promoted for public buildings, yet evidence from large-scale real-world projects remains limited compared with simulation-based assessments. This study leverages measured pre- and post-retrofit operational data...
Efficient scheduling in industrial prefabrication environments—such as Prefabricated Bathroom Unit (PBU) production—faces increasing challenges due to resource limitations, overlapping projects, and complex task dependencies. To address t...
This paper presents an attempt to the valuation of the operational flexibility of the energy investment project based on the example of combined cycle gas turbine (CCGT). For this purpose, the real options approach (ROA), net present value (NPV) meth...
Young people are the future of society and agents for social change, and so it is crucial to provide education that not only equips them with knowledge and skills but also changes their attitudes and behavior towards sustainable development. This stu...
We address the valuation of an operating wind farm and the finite-lived option to invest in it under different reward/support schemes: a constant feed-in tariff, a premium on top of the electricity market price (either a fixed premium or a variable s...
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