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Like that the process of value assessment could become more precise and exact compared to other known methods which use the single flow for the whole project. In addition the work proposes Real Options for calculating such components of the value as flexibility. The described method is validated using a specific simulation model. Value assessment of a real IS project is performed using the developed method and the simulation model.<\/p>","DOI":"10.4018\/ijismd.2014010103","type":"journal-article","created":{"date-parts":[[2014,5,8]],"date-time":"2014-05-08T16:06:16Z","timestamp":1399565176000},"page":"49-82","source":"Crossref","is-referenced-by-count":0,"title":["Development and Validation of the Method for Value Assessment of SOA-Based IS Projects"],"prefix":"10.4018","volume":"5","author":[{"given":"Alexey","family":"Likhvarev","sequence":"first","affiliation":[{"name":"National Research University Higher School of Economics, Nizhny Novgorod Branch, Nizhny Novgorod, Russia"}],"role":[{"vocabulary":"crossref","role":"author"}]},{"given":"Eduard","family":"Babkin","sequence":"additional","affiliation":[{"name":"National Research University Higher School of Economics, Nizhny Novgorod Branch, Nizhny Novgorod, Russia"}],"role":[{"vocabulary":"crossref","role":"author"}]}],"member":"2432","reference":[{"key":"ijismd.2014010103-0","author":"T.Abdel-Hamid","year":"1991","journal-title":"Software project dynamics: An integrated approach"},{"key":"ijismd.2014010103-1","doi-asserted-by":"publisher","DOI":"10.1109\/SCC.2006.104"},{"key":"ijismd.2014010103-2","author":"O.Balci","year":"1998","journal-title":"Verification, validation and testing in handbook of simulation"},{"key":"ijismd.2014010103-3","author":"M.Bell","year":"2008","journal-title":"Introduction to service-oriented modeling. 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