NDLI: Risk-based technology portfolio optimization for early space mission design

Content Provider	IEEE Xplore Digital Library
Author	Elfes, A. Lincoln, W.P. Rodriguez , G. Weisbin, C.R. Wertz, J.A.
Copyright Year	1965
Abstract	The successful design, development, and operation of space missions requires informed decisions to be made across a vast array of investment, scientific, technological, and operational issues. In the work reported in this paper, we address the problem of determining optimal technology investment portfolios that minimize mission risk and maximize the expected science return of the mission. We model several relationships that explicitly link investment in technologies to mission risk and expected science return. To represent and compute these causal and computational dependencies, we introduce a generalization of influence diagrams that we call inference nets. To illustrate the approach, we present results from its application to a technology portfolio investment trade study done for a specific scenario for the projected 2009 Mars MSL mission. This case study examines the impact of investments in precision landing and long-range roving technologies on the mission capability, and the associated risk, of visiting a set of preselected science sites. We show how an optimal investment strategy can be found that minimizes the mission risk given a fixed total technology investment budget, or alternatively how to determine the minimum budget required to achieve a given acceptable mission risk.
Starting Page	22
Ending Page	36
Page Count	15
File Size	3303109
File Format	PDF
ISSN	00189251
Volume Number	42
Issue Number	1
Language	English
Publisher	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Publisher Date	2006-01-01
Publisher Place	U.S.A.
Access Restriction	One Nation One Subscription (ONOS)
Rights Holder	Institute of Electrical and Electronics Engineers, Inc. (IEEE)
Subject Keyword	Space technology Portfolios Design optimization Space missions Investments Propulsion Laboratories Space exploration Ground penetrating radar Geophysical measurement techniques
Content Type	Text
Resource Type	Article
Subject	Electrical and Electronic Engineering Aerospace Engineering

Sl.	Authority	Responsibilities	Communication Details
1	Ministry of Education (GoI), Department of Higher Education	Sanctioning Authority	https://www.education.gov.in/ict-initiatives
2	Indian Institute of Technology Kharagpur	Host Institute of the Project: The host institute of the project is responsible for providing infrastructure support and hosting the project	https://www.iitkgp.ac.in
3	National Digital Library of India Office, Indian Institute of Technology Kharagpur	The administrative and infrastructural headquarters of the project	Dr. B. Sutradhar bsutra@ndl.gov.in
4	Project PI / Joint PI	Principal Investigator and Joint Principal Investigators of the project	Dr. B. Sutradhar bsutra@ndl.gov.in Prof. Saswat Chakrabarti will be added soon
5	Website/Portal (Helpdesk)	Queries regarding NDLI and its services	support@ndl.gov.in
6	Contents and Copyright Issues	Queries related to content curation and copyright issues	content@ndl.gov.in
7	National Digital Library of India Club (NDLI Club)	Queries related to NDLI Club formation, support, user awareness program, seminar/symposium, collaboration, social media, promotion, and outreach	clubsupport@ndl.gov.in
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9	IDR Setup or Support	Queries related to establishment and support of Institutional Digital Repository (IDR) and IDR workshops	idr@ndl.gov.in

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