VALUATION OF PRODUCT ADAPTABILITY IN ARCHITECTURE DESIGN
DS 77: Proceedings of the DESIGN 2014 13th International Design Conference
Year: 2014
Editor: Marjanovic Dorian, Storga Mario, Pavkovic Neven, Bojcetic Nenad
Author: Schrieverhoff, P.; de Neufville ,R.; Lindemann, U.
Series: DESIGN
Section: DESIGN METHODS
Page(s): 373-384
Abstract
The evolution of stakeholder needs and the resulting desire to adapt system properties to those needs is key to high lifecycle value of enduring systems. The paper contributes to the assessment of the decisive Key Parameters (KPs) of systems to determine the value of adaptability in technical systems in order to compare different architectures. Using Monte-Carlo Simulation the monetization of those performance criteria is performed under consideration of technological progress and uncertainty and the approach illustrated along an industrial example.
Keywords: valuation, adaptability, flexibility, system architecture