RAND's Portfolio-Analysis Tool for Missile Defense (PAT-MD) was built to support highlevel discussion and decisionmaking in the Missile Defense Agency (MDA) by providing summary portfolio-style characterizations of alternative investment options. These characterizations may involve projected capabilities in different missions, such as defense of the homeland from long- range missile attacks; the balance of emphasis across missions; the managing of risks; and economic considerations such as relative cost-effectiveness. The portfolio style depiction attempts to provide a holistic, top-level view across all of these considerations and is intended to facilitate discussion of program tradeoffs and adjustments. Equally important, PAT-MD and a companion tool, RAND's Capabilities Analysis Model for Missile Defense (CAMMD), make it possible to zoom to higher levels of detail in order to understand the basis of high-level characterizations and how they would change if assumptions or priorities were changed.


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    Title :

    Portfolio-Analysis Tool for Missile Defense (PAT-MD). Methodology and User's Manual


    Contributors:
    P. Dreyer (author) / P. K. Davis (author)

    Publication date :

    2005


    Size :

    89 pages


    Type of media :

    Report


    Type of material :

    No indication


    Language :

    English




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