Business Case Valuation of Strategic Flexibility in Shipbuilding: Justifying and Assessing the Value of Flexible Ships Design Features in New Navy Ship Concepts

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Author
Mun, Johnathan
Housel, Tom
Majchrzak, Lauren
Date
2017-11Metadata
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To successfully implement the Surface Navyメs Flexible Ships concept, PEO-SHIPS requires a new methodology that assesses the total future value of various combinations of Flexible Ships design features and how they will enable affordable warfighting relevance over the shipメs full-service life. Examples of Flexible Ships design features include decoupling payloads from platforms, standardizing platform-to-payload interfaces, implementing allowance for rapid reconfiguration of onboard electronics and weapons systems, preplanning access routes for mission bays and mission decks, and allowing for sufficient growth margins for various distributed systems. This research analyzes the application of strategic Real Options Valuation methodology within the Integrated Risk Management process to assess the total future value of Flexible Ships design features and for use in the Future Surface Combatant Analysis of Alternatives. The current research has the explicit goal of proposing a reusable, extensible, adaptable, and comprehensive advanced analytical modeling process to help the U.S. Navy in quantifying, modeling, valuing, and optimizing a set of ship design options to create and value a business case for making strategic decisions under uncertainty.
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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.NPS Report Number
NPS-FM-18-009Related items
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Business Case Valuation of Strategic Flexibility in Ship Building: Justifying and Assessing the Value of Flexible Ships Design Features in New Navy Ship Concepts
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Flexible and Adaptable Ship Options: Assessing the Future Value of Incorporating Flexible Ships Design Features Into New Navy Ship Concepts
Mun, Johnathan C.; Housel, Thomas J. (Monterey, California. Naval Postgraduate School, 2017-03); SYM-AM-17-140To successfully implement the Surface Navyメs Flexible Ships concept, PEO-SHIPS requires a new methodology that assesses the total future value of various combinations of Flexible Ships design features and how they will ...