Mateescu, Mihaela; Suba, Gabriela - In: Ovidius University Annals, Economic Sciences Series X (2010) 1, pp. 1364-1367
The paper deals with elements concerning the application of the new “real options” approach system in project management of small and medium sized companies. The real option approach has the advantage of a great flexibility when a high degree of uncertainty is present. Also, it suggests to...