A Portfolio-Analysis Tool for Missile Defense (PAT-MD). Methodology and User's Manual
Abstract
RAND's Portfolio-Analysis Tool for Missile Defense (PAT-MD) was built to support highlevel discussion and decisionmaking in the Missile Defense Agency (MDA) by providing summary portfolio-style characterizations of alternative investment options. These characterizations may involve projected capabilities in different missions, such as defense of the homeland from long-range missile attacks; the balance of emphasis across missions; the managing of risks; and economic considerations such as relative cost-effectiveness. The portfolio style depiction attempts to provide a holistic, top-level view across all of these considerations and is intended to facilitate discussion of program tradeoffs and adjustments. Equally important, PAT-MD and a companion tool, RAND's Capabilities Analysis Model for Missile Defense (CAMMD), make it possible to zoom to higher levels of detail in order to understand the basis of high-level characterizations and how they would change if assumptions or priorities were changed.
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2005
- Accession Number
- ADA449047
Entities
People
- Paul Dreyer
- Paul K. Davis
Organizations
- RAND Corporation