A SYSTEMS ENGINEERING APPROACH TO OPTIMIZING PROJECT SELECTION FOR PORTFOLIO-TYPE RESEARCH AND DEVELOPMENT PROGRAMS: A CASE STUDY OF NAVFAC EXWC’S NAVAL INNOVATIVE SCIENCE AND ENGINEERING PROGRAM
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Authors
Rydberg, Katelyn T.
Subjects
systems engineering
value model
optimization
stakeholder engagement
research and development portfolio
value model
optimization
stakeholder engagement
research and development portfolio
Advisors
Owen, Walter E.
Ewing, Paul L., Jr.
Date of Issue
2018-09
Date
Publisher
Monterey, CA; Naval Postgraduate School
Language
Abstract
This thesis applies systems engineering principles to improve project selection in portfolio-type research and development programs using the Naval Innovative Science and Engineering program as a case study. Qualitative and quantitative value modeling and integer linear programming optimization aided in the selection process. The resulting optimized portfolio increased the number of funded projects by 20 percent in comparison to the non-optimized portfolio. In addition, it has a 13.9 percent increase in value in comparison to the non-optimized portfolio. The primary stakeholders were engaged throughout the process and concurred with the results not only due to the merit of the findings, but also because the process created is defendable and repeatable.
Type
Thesis
Description
Series/Report No
Department
Systems Engineering (SE)
Organization
Identifiers
NPS Report Number
Sponsors
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
Copyright is reserved by the copyright owner.