diff --git a/frontend/src/permission.ts b/frontend/src/permission.ts
index 2669f6ee..848965bb 100644
--- a/frontend/src/permission.ts
+++ b/frontend/src/permission.ts
@@ -28,7 +28,6 @@ export const MENU_ITEMS: MenuItem[] = [
   { path: '/maps', label: '战略地图', icon: 'DataBoard', roles: ['ceo', 'finance'], group: '🔵 P 规划与目标' },
   { path: '/budget', label: '预算管理', icon: 'Coin', roles: ['ceo', 'finance', 'business', 'it'], group: '🔵 P 规划与目标' },
   { path: '/alignment', label: '战略执行看板', icon: 'Opportunity', roles: ['ceo', 'finance', 'business', 'it'], group: '🔵 P 规划与目标' },
-  { path: '/real-options', label: '实物期权计算器', icon: 'TrendCharts', roles: ['ceo', 'finance'], group: '🔵 P 规划与目标' },
 
   // ── GROUP 2: 执行与控制（Do）──
   { path: '/cost', label: '成本分析', icon: 'Money', roles: ['ceo', 'finance', 'it'], group: '🟢 D 执行与控制' },
@@ -54,6 +53,7 @@ export const MENU_ITEMS: MenuItem[] = [
   { path: '/action-plans', label: '改善行动', icon: 'Edit', roles: ['ceo', 'finance', 'business', 'it'], group: '🔴 A 复盘与改进' },
   { path: '/maps-review', label: '战略回顾会', icon: 'TrendCharts', roles: ['ceo', 'finance'], group: '🔴 A 复盘与改进' },
   { path: '/predict', label: '预测模拟', icon: 'DataLine', roles: ['ceo', 'finance', 'it'], group: '🔴 A 复盘与改进' },
+  { path: '/real-options', label: '实物期权计算器', icon: 'TrendCharts', roles: ['ceo', 'finance'], group: '🔴 A 复盘与改进' },
   { path: '/mpm-calculator', label: 'MPM计算器', icon: 'Money', roles: ['ceo', 'finance', 'business'], group: '🔴 A 复盘与改进' },
   { path: '/data-quality', label: '数据质量', icon: 'WarningFilled', roles: ['ceo', 'finance', 'it'], group: '🔴 A 复盘与改进' },
   { path: '/analysis-confidence', label: '分析置信度', icon: 'TrendCharts', roles: ['ceo', 'finance', 'it'], group: '🔴 A 复盘与改进' },