Measuring Benefits of Manpower, Personnel, and Training (MPT) Research and Development

Abstract

The Air Force is constantly trying to develop new or improve existing tools to increase the efficiency in the way personnel life cycle resources are managed. One metric, commonly used, is based on utility. This research produced a utility assessment technology to aid decision makers. This technology involves the process of identifying, measuring, and combining attributes to create an explicit value structure to form a basis for evaluating MPT research projects and selecting the most beneficial and cost effective portfolio of MPT research efforts. Four different techniques were evaluated and compared, those being utility analysis, cost benefit analysis, production functions, and decision theory. The research identified cost benefit analysis and decision analysis as being most applicable to MPT research projects.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 1992
Accession Number
ADA245199

Entities

People

  • Brice M. Stone
  • Bruce H. Dunson
  • Jonathan C. Fast
  • Larry T. Looper
  • Rebecca Wortman

Tags

Communities of Interest

  • Human Systems

DTIC Thesaurus Topics

  • Air Force
  • Attrition
  • Business Administration
  • Cost Benefit Analysis
  • Cost Estimates
  • Costs
  • Databases
  • Decision Theory
  • Department Of Defense
  • Economics
  • Education
  • Management Personnel
  • Money
  • Personnel Management
  • Psychology
  • Students
  • Training

Readers

  • Life Cycle Cost Analysis
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.