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NASA Langley Systems Analysis & Concepts Directorate Technology Assessment/Portfolio Analysis
Author(s) -
Stephen Cavanaugh,
Trina Chytka,
Phil Arcara,
Sharon M. Jones,
Douglas O. Stanley,
Alan Wilhite
Publication year - 2006
Publication title -
12th aiaa/issmo multidisciplinary analysis and optimization conference
Language(s) - English
Resource type - Conference proceedings
DOI - 10.2514/6.2006-7029
Subject(s) - portfolio , aeronautics , systems engineering , computer science , aerospace engineering , engineering , operations research , business , finance
Systems analysis develops and documents candidate mission and architectures, associated system concepts, enabling capabilities and investment strategies to achieve NASA s strategic objectives. The technology assessment process connects the mission and architectures to the investment strategies. In order to successfully implement a technology assessment, there is a need to collect, manipulate, analyze, document, and disseminate technology-related information. Information must be collected and organized on the wide variety of potentially applicable technologies, including: previous research results, key technical parameters and characteristics, technology readiness levels, relationships to other technologies, costs, and potential barriers and risks. This information must be manipulated to facilitate planning and documentation. An assessment is included of the programmatic and technical risks associated with each technology task as well as potential risk mitigation plans. Risks are assessed and tracked in terms of likelihood of the risk occurring and consequences of the risk if it does occur. The risk assessments take into account cost, schedule, and technical risk dimensions. Assessment data must be simplified for presentation to decision makers. The Systems Analysis and Concepts Directorate (SACD) at NASA Langley Research Center has a wealth of experience in performing Technology Assessment and Portfolio Analysis as this has been a business line since 1978.

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