Lance Sherry

This description of the application of the RAND Corporation's PortMan portfolio analysis and management method and Delphi consensus-building method for the National Security Agency (NSA) Information Sharing Services (ISS) division highlights how these methods enable the data-driven analysis of project portfolios and the allocation of research and development (R&D) and operations and maintenance (O&M) resources according to value, risk, and cost.

Describes the adaptation of an R&D portfolio management decision framework developed by RAND to support R&D decisionmaking by the Office of Naval Research. 450-character abstract: Describes the adaptation of an R&D portfolio management decision framework developed by the RAND Corporation to support R&D decisionmaking by the Office of Naval Research (ONR), and the demonstration of its use by means of a case study evaluation of 20 sample ONR applied-research projects. It allows identification of R&D projects with high-value capabilities but formidable technical or fielcling problems yet to be solved-projects for which management attention may have the greatest leverage.