After Royce introduced the Waterfall model in 1970, several approaches looking to provide the software development process with a formal framework have been elaborated and tested. While some of these followed the sequential line of thought presented by Royce and Boehm, other methodologies have...

Engineering Systems, such as offshore petroleum exploration and production systems, generally require a significant amount of capital investment under various technical and market uncertainties. Choosing appropriate designs and field development strategies is a very challenging task for decision...