Acta Metallurgica Sinica(English letters)

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TheapplicationofoptionaltheoryinITriskmanagement

WU Ren-qun; HAN Bo-tang   

  1. The School of Management and Economic; Beijing Institute of Technology;
  • Received:2002-10-07 Revised:1900-01-01 Online:2003-01-30

Abstract: This paper introduces the meanings of financial options , options on IT project and the model of the valuation of options. It also discusses the types of options on IT project and hedging risk in IT project . In the paper, NPV and Mar-grable models are used to compare the results of valuating IT project.

Key words: option, informationtechnology, Margrablemodel, hedge

CLC Number: