risk management in kanban using real options - olav maassen
DESCRIPTION
TRANSCRIPT
- 1. 10/8/2010 Risk management in KanbanusingReal OptionsOlav MaassenXebia Clip of House M.D. 1
2. 10/8/2010 Lets play a game Goal: To deliver as quickly as possible Teams Form teams Decide on nameWho willcompletetask A andtask B first? 2 3. 10/8/2010 Task A Dear Team, Construct a six sided random numbergenerator. Something like a dice likethingy. Each member of the team should take it inturns to use it until everyone on the teamhas rolled a "Double 6". Task B Dear Team, Construct a four sided random numbergenerator. Something like a dice likethingy. Each member of the team should take it inturns to use it until everyone on the teamhas rolled a "Double 6".3 4. 10/8/2010 What are options? 8 94 5. 10/8/2010 An Arbitrage(Free Money) wilhei55 moonpix7 Justin RussellOptionseverywhere tvol5 6. 10/8/2010 100.000 (+/- 5%) barrels of oil for $100 / barrel Total value: $10.000.000 Price drops to $90 Price goes to $110 95.000 barrels 105.000 barrels Cost saving: $10 * 5.000 Extra profit: $10 * 500095.000 barrels plus the option to buy10.000 moreWhen is something optional? 6 7. 10/8/2010 What is a commitment? 15 7 8. 10/8/2010Black Scholes.. A House of Cards Oops! shaymus022 8 9. 10/8/2010 OptionsOptionsNever have expirecommit valueearly unless youknow why luismi1985 givepeasachance Tub GurnardOptions have value 199 10. 10/8/2010 Options expire20Never commit early unlessyou know why21 10 11. 10/8/2010 Real world examples codyR 221. Right2. Wrong3. Uncertainty Bethany L King Violator311 12. 10/8/2010A or B? The Nug WWW. Grid Uninen Maths 12 13. 10/8/2010 Options OptionsNever haveexpirecommit value earlyunlessyou knowwhy luismi1985 givepeasachance Tub Gurnard STOP Guessing! topher7613 14. 10/8/2010Create Options haydnseek Prepare to run fast. James Temple14 15. 10/8/2010and lordkirbs have fun. Clip of House M.D. 0:00 0:05 15 16. 10/8/2010 Questions?Contact info: Olav Maassen [email protected] twitter.com/olavmaassen 16