Defense Portfolio Analysis

reportActive / Technical Report | Accession Number: ADA501278 | Open PDF

Abstract:

This project paper provides a systematic decomposition and industrial comparison of the U.S. defense decision-support process methodologies of Portfolio Analysis PA. Included are current methods, tools, and models for ranking and evaluating strategic alternatives and options. The PA decision-support process analyzed in the study is used by the Department of Defense DoD to allocate resources to satisfy national strategic goals. Our working premise is that an effective decision-support process provides data driven knowledge directly to relevant decision makers to meet all U.S. defense and national strategic requirements, including proper balance of costs, risks, and capabilities in both routine operational and tactical battle space scenarios. To conduct this evaluation 4 Program Management PM and 2 PA tools were researched with a view to modeling identifiable strategic requirements juxtaposed with technical, financial, and implementation factors to meet todays strategic capabilities requirements. What was learned is that together PA and PM tools used correctly provide useful tools for decision makers at all levels of government provided they are used correctly. While utilizing the modeling programs, experts in strategic and program analysis need to evaluate acquisition programs to rate the potential Estimated Military Value EMV in meeting the strategic needs of the United States.

Author(s):
Adams, Albert ; Bala, Eric ; Minner, Bill ; Woodland, Tom
Author Organization(s):
NAVAL POSTGRADUATE SCHOOL MONTEREY CA
Descriptive Note:
Joint applied project
Supplementary Note:
DOI: 10.21236/ADA501278
Pagination:
0111

Security Markings

DOCUMENT & CONTEXTUAL SUMMARY

Distribution:
Approved For Public Release
Distribution Statement:
Approved For Public Release; Distribution Is Unlimited.

RECORD

Collection: TR
Identifying Numbers
Monitor Series:
NPS
 Subject Terms
Joint Capability Areas:
JCA_5_Command and Control; JCA_5.3_Planning; JCA_5.3.4_Develop Courses of Action; JCA_5.3.5_Analyze Courses of Action; JCA_4.2_Supply; JCA_5.3.3_Develop Strategy; JCA_4.2.1_Manage Supplies and Equipment; JCA_5.4_Decide; JCA_5.3.2_Apply Situational Understanding; JCA_1_Force Support; JCA_4.6_Engineering; JCA_4.6.1_General Engineering; JCA_6.4.1_Secure Information Exchange; JCA_6_Net Centric; JCA_3_Force Application; JCA_3.1.1_Maneuver to Engage; JCA_3.1_Maneuver; JCA_1.1_Force Management; JCA_5.5_Direct; JCA_5.6.3_Assess Achievement of Objectives; JCA_5.6_Monitor
Modernization Areas:
Fully Networked C3
Communities of Interest:
Human Systems
Descriptor(s):
*INDUSTRIES, *STRATEGIC ANALYSIS, *DECISION MAKING, *DEFENSE SYSTEMS, ACQUISITION, MANAGEMENT, MODELS, COMPARISON, RATES, ESTIMATES, COSTS, UNITED STATES, MILITARY STRATEGY, DECISION SUPPORT SYSTEMS, DEPARTMENT OF DEFENSE, MILITARY REQUIREMENTS
Field(s)/Group(s):
Administration and Management
Keyword(s):
*PORTFOLIO ANALYSIS, EMV(ESTIMATED MILITARY VALUE)
Report Date:
2009 Jun 01
Creation Date:
2009 Jul 22