The Introduction of Uncertainty Techniques to the Productivity Investment Fund.

Abstract

Each year the Defense Productivity Program Office (DPPO) disburses funds for Productivity Investment Projects (PIFs). The purpose of these projects is to increase productivity within the Department of Defense (DOD). To enhance these efforts, DPPO requested a study to be conducted to determine if methods of risk or uncertainty will affect the results obtained by the current procedure. This study applies various principles of uncertainty to this procedure and examines their impact on the project rankings. A background of DPPO and PIFs is presented together with discussion of risk and uncertainty techniques, as well as the economic indicators used in ranking projects. A model is then explained which will introduce uncertainty into the present procedure. Results of the initial comparison and sensitivity analysis is revealed. Conclusions are drawn based on these results and recommendations concerning alternate procedures and possible further research are presented. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1984
Accession Number
ADA140864

Entities

People

  • E. A. Lenio

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Air Platforms
  • Human Systems
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Air Force
  • Budgets
  • Capital Investments
  • Databases
  • Department Of Defense
  • Economic Analysis
  • Economic Models
  • Indicators
  • Investments
  • Management Engineering
  • Money
  • Operations Research
  • Plastic Explosives
  • Probability
  • Probability Distributions
  • Productivity
  • United States

Readers

  • Government Contracting/Procurement.
  • Organizational Process Management (OPM).
  • Positioning, Navigation, and Timing (PNT) Technology.