Portfolio-Analysis Methods for Assessing Capability Options
Abstract
The research reported in this monograph is part of RAND's continuing work on practical theory and methods for capabilities-based planning in the Department of Defense (DoD) and other organizations. Its particular contribution is to describe and illustrate in some detail an analytic framework and methodology for defensewide capability-area reviews including DoD's experimental Concept Decision Reviews and related evaluations of alternatives (Krieg, 2007). The monograph also describes newly developed enabling tools -- one for generating and screening preliminary options and one for evaluating in a portfolio-analysis structure those options that pass screening. Variants of the methods can be applied for analysis across capability areas or for strategic-level defense planning, i.e., force planning to establish the overall mix and balance of capabilities. Finally, the monograph illustrates concepts with applications to the capability areas of Global Strike and Ballistic Missile Defense (BMD).
Document Details
- Document Type
- Technical Report
- Publication Date
- Jan 01, 2008
- Accession Number
- ADA477066
Entities
People
- Justin Beck
- Paul K. Davis
- Russell D. Shaver
Organizations
- RAND Corporation