3.2.2 A More Flexible Approach to Valuing Flexibility

  title={3.2.2 A More Flexible Approach to Valuing Flexibility},
  author={Erin T. Ryan and David R. Jacques and John M. Colombi},
The DOD routinely demonstrates its capability to develop phenomenal systems; however, these accomplishments are often tarnished by substantial cost and schedule overruns. While defense policies are continually being revised to address these problems, many believe that a more fundamental source of these overruns is the lack of flexibility in the systems being developed. But providing justification to invest in flexibility is a tough sell, as stakeholders struggle to quantitatively demonstrate… CONTINUE READING