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dc.contributor.advisorGiachetti, Ronald
dc.contributor.authorSchwartz, Jason A.
dc.dateSep-16
dc.date.accessioned2016-11-02T17:18:01Z
dc.date.available2016-11-02T17:18:01Z
dc.date.issued2016-09
dc.identifier.urihttp://hdl.handle.net/10945/50479
dc.descriptionApproved for public release; distribution is unlimiteden_US
dc.description.abstractThis thesis presents a detailed process and model describing how public sector organizations can implement a research and development (R&D) portfolio optimization strategy to maximize the cost-adjusted benefit metric of a portfolio while simultaneously seeking to maintain and improve a national strategic technologic advantage. The model is applied to an R&D dataset from the FY 17 Naval Research Program (NRP) at the Naval Postgraduate School. The process presented follows a framework incorporating proposal filtering for initial selectivity, proposal weighting based on defined criteria and alignment with the organization's mission and purpose, proposal value and risk determinations, and concludes with portfolio optimization. The optimization's objective function sought to maximize the sum of a portfolio's cost-adjusted benefit calculation, subject to remaining within the NRP's research and development budget. The model effectively resulted in predominantly selecting proposals with medium, high and very high probabilities of success in the risk category and valuations predominantly in the medium, high and very high range. The completion of this thesis has provided a new perspective on R&D selection strategies for public sector investment and highlighted the challenges of placing a value on a public sector R&D proposal.en_US
dc.description.urihttp://archive.org/details/managingpublicse1094550479
dc.publisherMonterey, California: Naval Postgraduate Schoolen_US
dc.rightsCopyright is reserved by the copyright owner.en_US
dc.titleManaging the public sector research & development portfolio selection process: a case study of quantitative selection and optimizationen_US
dc.typeThesisen_US
dc.contributor.secondreaderRhoades, Mark M.
dc.contributor.departmentSystems Engineering (SE)
dc.subject.authorresearch and developmenten_US
dc.subject.authorR&Den_US
dc.subject.authorportfolio optimizationen_US
dc.subject.authorpublic sector valuationen_US
dc.description.serviceCivilian, Department of Stateen_US
etd.thesisdegree.nameMaster of Science in Systems Engineering Managementen_US
etd.thesisdegree.levelMastersen_US
etd.thesisdegree.disciplineSystems Engineering Managementen_US
etd.thesisdegree.grantorNaval Postgraduate Schoolen_US


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