Research and development organizations frequently encounter challenges when attempting to identify an investment strategy and to accurately forecast the cost and schedule performance of selected projects. Fast moving and complex environments require managers to analyze quickly and to diagnose the value of returns on innovation investments versus allocated resources. Our Project Assessment Framework Through Design (PAFTD) tool facilitates decision making for NASA senior leadership to enable more strategic and consistent technology development investment analysis, beginning at implementation and continuing through the project life cycle. The framework leverages design principles of usability, feasibility, and viability and aligns them with methods employed by NASA's Independent Program Assessment Office for project performance assessment. The need exists to periodically revisit the justification and prioritization of technology development investments as changes occur over project life cycles. The framework informs management rapidly and comprehensively about diagnosed internal and external root causes of project performance.
Leveraging design principles to optimize technology portfolio prioritization
2015-03-01
628803 byte
Conference paper
Electronic Resource
English
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