Author:
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Published: 2004
Total Pages: 90
ISBN-13:
DOWNLOAD EBOOKThe Office of Naval Research (ONR) has the responsibility for defining and sponsoring research and development (R & D) necessary to support both the current and future requirements of the Navy and Marine Corps. To accomplish this mission ONR must fund a broad spectrum of research, ranging from basic research needed to open up new options for the long-term, to very near-term advanced technology development to support the current fleet. Moreover, ONR must make its R & D funding decisions in the presence of uncertainty: uncertainty in required capabilities, uncertainty in performance requirements, and uncertainty in the feasibility of a technology or R & D approach. This report describes the adaptation of an R & D portfolio management decision framework recently developed by RAND (Silberglitt and Sherry; 2002), PortMan, to support ONR's R & D decision-making, and the demonstration of its use via a case study evaluation of 20 sample ONR applied research projects.
Book Synopsis Portfolio Analysis and Management for Naval Research and Development by :
Download or read book Portfolio Analysis and Management for Naval Research and Development written by and published by . This book was released on 2004 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt: The Office of Naval Research (ONR) has the responsibility for defining and sponsoring research and development (R & D) necessary to support both the current and future requirements of the Navy and Marine Corps. To accomplish this mission ONR must fund a broad spectrum of research, ranging from basic research needed to open up new options for the long-term, to very near-term advanced technology development to support the current fleet. Moreover, ONR must make its R & D funding decisions in the presence of uncertainty: uncertainty in required capabilities, uncertainty in performance requirements, and uncertainty in the feasibility of a technology or R & D approach. This report describes the adaptation of an R & D portfolio management decision framework recently developed by RAND (Silberglitt and Sherry; 2002), PortMan, to support ONR's R & D decision-making, and the demonstration of its use via a case study evaluation of 20 sample ONR applied research projects.