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Toward affordable systems : portfolio analysis and management for Army science and technology programs / Brian G. Chow, Richard Silberglitt, Scott Hiromoto.

By: Contributor(s): Material type: TextTextSeries: Rand Corporation monograph seriesPublication details: Santa Monica, CA : RAND, 2009.Description: xxviii, 153 p. : ill. (chiefly col.) ; 26 cmISBN:
  • 0833046829 (pbk. : alk. paper)
  • 9780833046826 (pbk. : alk. paper)
Report number: MG-761-AOther title:
  • Portfolio analysis and management for Army science and technology programs
Subject(s): DDC classification:
  • 355.6/212 22
LOC classification:
  • U393 .C54 2009
Available additional physical forms:
  • Also issued online.
Summary: 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.
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Holdings
Item type Current library Collection Call number Copy number Status Date due Barcode
Books Books MAIN General AUE Library Collection U393 .C54 2009 (Browse shelf(Opens below)) 1 Available 10042521

Also issued online.

"RAND Arroyo Center."

"Prepared for the United States Army."

Includes bibliographical references (p. 149-153)

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.

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