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This paper investigates the performance of coupled development activities with rework by proposing a quantitative model based on a performance generation model (PGM). The objective of our model is to develop insights about optimal strategies (i.e., sequential, concurrent, or overlapped) to improve project performance, overlapping and coordination policies with rework and time-cost tradeoff involved...
There have already been a number of managerial and engineering articles that focus on modularity, but none on the issues that the optimal modularity level of complex systems poses in terms of real options and coordination theory. To fill this gap, we develop a modularity profit model based on real options and coordination theory to examine the trade-off between modularity values and costs especially...
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