Creation of a System of Systems Portfolio Management and Technology Selection Methodology
Loading...
Authors
Volkert, Richard
Jackson, Carly
Gentile, Peter
Harper, Lance
Nostrand, Art Van
Sondi, Tom
Michaud, Kenneth
Subjects
Acquisition Strategy
Advisors
Date of Issue
2010-04-30
Date
30-Apr-10
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
As OSD seeks to field new capabilities while working to reduce cost and risk, it becomes imperative that systems engineering tools evolve. Traditionally, cost/schedule monitoring, technology assessment, and performance analyses have been conducted as independent activities focused on systems. However, as systems become more complex and entwined into operating as components of System of Systems (SoS), the need for more insight during the design and development stages increases. This dictates the need for a methodology for SoSs that allows for fully integrated analysis and trade-offs of the technical, cost, and schedule design spaces. The US Navy (PMS 420, SSC Pacific), Northrop Grumman, and the Stevens Institute of Technology are collaborating to develop such a comprehensive financial and portfolio management methodology for SoSs. The concept leverages the System Readiness Level (SRL) as a measure of SoS development and coalesces a system performance monitoring approach that provides insight into both current and anticipated performance. Additionally, a methodology for understanding the impact of technical trades within a SoS is introduced. Together, these tools allow for a true trade-off analysis capability that can be used to examine the extent to which a set of technology options either meet budget constraints or maximize performance.
Type
Report
Description
Proceedings Paper (for Acquisition Research Program)
Series/Report No
Department
Acquisition Management
Other Research Faculty
Identifiers
NPS Report Number
NPS-AM-10-074
Sponsors
Naval Postgraduate School Acquisition Research Program
Funding
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.