03423cam a2200445 i 4500001001900000003000500019005001700024008004100041020001500082020003200097020001800129020003500147027002000182035002000202037001100222040001900233043001200252050002100264100003600285245011400321264003700435300004900472336002600521337002600547337002800573338003600601338002700637500004800664504005400712505043000766520134501196530005802541650005502599700004102654700002702695710009102722710002202813710008002835856006202915rnd000000000111653RAND20200811100913.0080213s2008    caua          000 0deng d  a0833042149  a083304589X (electronic bk.)  a9780833042149  a9780833045898 (electronic bk.)  aRAND/MG-662-OSD  a(Sirsi) a517144  c$32.00  aCstmoRcCstmoR  an-us---00aU153b.D383 20081 aDavis, Paul K.,d1943-eauthor.10aPortfolio-analysis methods for assessing capability options /cPaul K. Davis, Russell D. Shaver, Justin Beck. 1aSanta Monica, CA :bRAND,c2008.  axxxviii, 163 pages :billustrations ;c23 cm  atextbtxt2rdacontent  acomputerbc2rdamedia  aunmediatedbn2rdamedia  aonline resourcebcr2rdacarrier  avolumebnc2rdacarrier  a"RAND National Defense Research Institute."  aIncludes bibliographical references (p. 155-163).0 aIntroduction -- Background: The Capabilities-Development Process -- A Framework and a Generic Terms of Reference -- Tools to Enable the Framework -- A Notional Example: Global Strike -- A Second Example: Ballistic Missile Defense -- Conclusions and Next Steps -- Appendix A: Joint Capability Areas -- Appendix B: Implications for Systems Engineering and Modeling and Simulation -- Appendix C: RAND's Portfolio-Analysis Tools.  aThis monograph presents and illustrates in some detail an analytical framework and methodology for defensewide capability-area reviews and describes new enabling tools to support capabilities analysis and related tradeoff work within the Department of Defense and the military Services. The Building Blocks to Composite Options Tool (BCOT) is used to generate and screen preliminary options, and the Portfolio-Analysis Tool (PAT) enables users to evaluate in a portfolio-analysis structure those options that pass screening. Variants of the methods can be applied for analysis across capability areas or for strategic-level defense planning, i.e., force planning to establish the overall mix and balance of capabilities. The concepts are illustrated with applications to the capability areas of Global Strike and Ballistic Missile Defense (BMD). Further research is recommended in four areas that promise to have a high payoff for defense planning: analysis cutting across capability areas; strategic-level portfolio analysis; advancing the science of exploratory analysis; and refinement of BCOT and PAT to make them easier to use, understand, modify, and maintain and also to enrich their utility for exploratory analysis and to incorporate new techniques for portfolio analysis developed in the fields of economics and business planning.  aAlso available on the internet via WWW in PDF format. 0aMilitary planningzUnited StatesxDecision making.1 aShaver, R. D.q(Russell D.)eauthor.1 aBeck, Justin.eauthor.2 aNational Defense Research Institute (U.S.).bAcquisition and Technology Policy Center.2 aRand Corporation.1 aUnited States.bDepartment of Defense.bOffice of the Secretary of Defense.41yOnline Accessuhttp://www.rand.org/pubs/monographs/MG662/