Cover: Toward Affordable Systems II

Toward Affordable Systems II

Portfolio Management for Army Science and Technology Programs Under Uncertainties

Published Apr 18, 2011

by Brian G. Chow, Richard Silberglitt, Scott Hiromoto, Caroline R. Milne, Christina Panis


Download eBook for Free

Full Document

FormatFile SizeNotes
PDF file 1.5 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.

Summary Only

FormatFile SizeNotes
PDF file 1.1 MB

Use Adobe Acrobat Reader version 10 or higher for the best experience.


Purchase Print Copy

 Format Price
Add to Cart Paperback124 pages $35.00

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 companion to Toward Affordable Systems: Portfolio Analysis and Management for Army Science and Technology Programs (Brian G. Chow, Richard Silberglitt, and Scott Hiromoto, Santa Monica, Calif.: RAND Corporation, MG-761-A, 2009) describes the continued development and demonstration of a method and model to incorporate lifecycle cost into the portfolio analysis and management process for Army Science and Technology (S&T) programs. Germane to the portfolio management process mandated by the Department of Defense and currently being implemented by the Army, this monograph demonstrates the application of the method and model in meeting Army capability gap requirements. In addition to the gap space coverage and the linear programming model described in the first monograph, the companion monograph introduces a simulation that takes into account the uncertainty regarding the success of S&T projects in meeting their goals and leading to fielded systems. The combination of this simulation with the linear programming model allows the identification of capability gap requirements that will lead to the development of new S&T projects, and this combination provides a means to develop an optimum portfolio that balances the remaining S&T and lifecycle costs for existing and new projects. Moreover, the process will create a new opportunity for dialogue among stakeholders and allow different viewpoints and perspectives to be analyzed objectively in the process of building an S&T portfolio.

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 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.

This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit

RAND 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.