Research Brief
Choosing Defense Project Portfolios: A New Tool for Making Optimal Choices in a World of Constraint and Uncertainty
Oct 11, 2012
Toward Affordable Systems
Portfolio Analysis and Management for Army Science and Technology Programs
Download
Download eBook for Free
Full Document
| Format | File Size | Notes |
|---|---|---|
| PDF file | 1.2 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Summary Only
| Format | File Size | Notes |
|---|---|---|
| PDF file | 0.2 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Purchase
Purchase Print Copy
| Format | List Price | Price | |
|---|---|---|---|
| Add to Cart | Paperback182 pages | $44.00 | $35.20 20% Web Discount |
Consistent with U.S. Department of Defense acquisition policy since 2003, U.S. Army leadership has called for consideration of lifecycle cost at system design and technology development stages so that adjustments can be made early enough to ensure affordability. This study developed and demonstrated a method and model to incorporate lifecycle cost into the portfolio analysis and management process for Army Science and Technology programs. The linear programming model developed here can select an optimized portfolio of Science and Technology projects to meet all individual capability requirements at the lowest total remaining lifecycle cost. The study results demonstrate several applications important to the management of Army Science and Technology programs, as well as estimation methods for the contribution of Science and Technology projects to capability requirements and for cost components.
Related Products
Table of Contents
Chapter One
Introduction
Chapter Two
The Current DoD Acquisition Policy
Chapter Three
Description of Our Evolutionary Method
Chapter Four
Estimation of Input Parameters
Chapter Five
Applications to S&T Portfolio Management
Chapter Six
Findings and Recommendations
Appendix A
Additional Information on Army Acquisition Categories and Combat Developer
Appendix B
Estimation of Expected Values
Appendix C
Estimation of Marginal Unit Cost, Number of Units, and Marginal Operating and Maintenance Cost
Appendix D
Universal Curves for Estimation of the Remaining Lifecycle Cost for Components
Appendix E
Choosing Essential ATOs Across a Wide Range of Capability Requirements
Appendix F
Insensitivity of Model Results to Detailed Estimation of Remaining Lifecycle Cost
Research conducted by
The research described in this report was sponsored by the United States Army and conducted by RAND Arroyo Center.
This report is part of the RAND Corporation monograph series. RAND monographs present major research findings that address the challenges facing the public and private sectors. All RAND monographs undergo rigorous peer review to ensure high standards for research quality and objectivity.
Permission is given to duplicate this electronic document for personal use only, as long as it is unaltered and complete. Copies may not be duplicated for commercial purposes. Unauthorized posting of RAND PDFs to a non-RAND Web site is prohibited. RAND PDFs are protected under copyright law. For information on reprint and linking permissions, please visit the RAND Permissions page.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.