Title Page -- Copyright Page -- Table of Contents -- Manuscript Summary -- Acknowledgements -- List of Tables -- List of Figures -- Chapter 1-Introduction -- 1.1 - Problem Articulation -- 1.2 - Conceptual Context and Research Gap -- 1.3 - Research Purpose, Objectives, and Research Questions -- 1.4 - Manuscript Structure -- Chapter 2-Literature Review -- 2.1 - Capital Management of Projects: Integrating Risk Management and Design Flexibility at Front-End Strategizing -- 2.2 - Real Options: Theory and Practice -- 2.3 - Final Considerations -- Chapter 3-Research Method -- 3.1 - Research Design 3.2 - Research Validity and Reliability -- Chapter 4-Exploratory Study: Uncovering Design for Evolvability Practices in Single-Funder Capital Project Environments -- 4.1 - Introduction -- 4.2 - Research Context -- 4.3 - Front-End Strategizing -- 4.4 - Using Options Logic in Capital Design for Evolvability -- 4.5 - Assessing the Flexibility Built-In -- 4.6 - Final Observations -- Chapter 5-Design for Evolvability in Multi-Funder Environments: Insights from an Embedded Case Study at Network Rail -- 5.2 - The NR Capital Project Context -- 5.3 - Design for Evolvability in NR Capital Projects 5.4 - Final Considerations -- Chapter 6-A Proof-Of-Principle of a Method to Design for Evolvability -- 6.1 - Introduction -- 6.2 - Part 1-Analyzing Options -- 6.3 - Part 2-Designing Alternatives -- 6.4 - Part 3-Project Strategizing -- 6.5 - Design for Evolvability Champion -- Chapter 7-A Two-Group Controlled Experiment: Lab-Based Simulation of the Salford Crescent Redevelopment Project -- 7.1 - The Value of Theory-Oriented Experimental Research -- 7.2 - The Purpose of a Lab-Based Simulation of Front-End Strategizing -- 7.3 - Details of the Capital Project Informing the Simulation Experiment 7.4 - Generation of Experimental Data -- 7.5 - Analysis of the Simulation Results -- Chapter 8-Final Considerations: Research Implications and Outlook -- 8.1 - Summary -- 8.2 - Contributions to Theory and Practice -- 8.3 - Limitations and Future Research Directions -- 8.4 - Final Considerations -- References -- Appendices -- A - Interview Protocol -- B - Questionnaire to Assess Overall Satisfaction with the Front-End Strategizing Process -- C - Instructor's Guide -- D - Estimating Volatility from Historical Data -- E - Generic and Bespoke Design Briefs F - Route Map for Cross-Pennine, Yorkshire & Humber and North West -- G - TOC Franchises around the Salford Crescent Area -- H - Meeting Agenda -- I - Harvard-Style Case Study