An Analysis of TRL-Based Cost and Schedule Models

Abstract

The GAO's, NASA's, and the DoD's adoption of the technology readiness level (TRL) scale to improve technology management has led to the emergence of many TRL-based models that are used to monitor technology maturation, mitigate technology program risk, characterize TRL transition times, or model schedule and cost risk for individual technologies, as well as technology systems and portfolios. In the first part of this paper, we develop a theoretical framework to classify those models based on the (often implicit) assumptions they make; we then propose modifications and alternative models to make full use of the assumptions. In the second part, we depart from those assumptions and present a new decision-based framework for cost and schedule joint modeling.

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Document Details

Document Type
Technical Report
Publication Date
Apr 30, 2012
Accession Number
ADA563541

Entities

People

  • Bernard El-khoury
  • C. R. Kenley

Organizations

  • Massachusetts Institute of Technology

Tags

Communities of Interest

  • C4I
  • Energy and Power Technologies
  • Ground and Sea Platforms
  • Human Systems
  • Space

DTIC Thesaurus Topics

  • Acquisition
  • Data Sets
  • Department Of Defense
  • Engineering
  • Management Personnel
  • Maturation
  • Military Education
  • Navy
  • Probability
  • Procurement
  • Project Management
  • Public Policy
  • Spacecraft
  • Students
  • Systems Engineering
  • Transitions
  • Uss Ticonderoga

Fields of Study

  • Computer science

Readers

  • Civilian Systems Systems Program Capability Development and Upgrade Support Activity Expense and Pay Management.
  • Government Contracting/Procurement.
  • Systems Analysis and Design