Risky Business: Real Options for Sofware Development

Software projects are known to have challenges with estimation, uncertainty, risk, and commitment - and the most valuable projects often carry the most risk. Other industries also encounter risk and generate value by understanding and managing that risk effectively. Todd Little explores techniques used in a number of risky businesses - product development, oil and gas exploration, investment banking, medicine, weather forecasting, and gambling - and shares what those industries have done to manage uncertainty.