Selecting military weapon systems development portfolios: Challenges in value measurement

Michael A. Greiner, Ross T. McNutt, Dan Shunk, John Fowler

Research output: Chapter in Book/Report/Conference proceedingConference contribution

2 Scopus citations


Economic measures such as internal rate of return (IRR), net present value (NPV), and return on investment (ROI) are commonly used in evaluating commercial-based R&D projects. However, such economic measures in their commercial form are of little use in evaluating weapon systems development efforts. This paper examines challenges faced by the Department of Defense in determining weapon system value during the R&D portfolio selection processes.

Original languageEnglish (US)
Title of host publicationPICMET
EditorsD.F. Kocaoglu, T.R. Anderson, D.F. Kocaoglu, T.R. Anderson
Number of pages8
StatePublished - Dec 1 2001
EventTechnology Management in the Knowledge ERA (PICMET) - Portland, OR, United States
Duration: Jul 29 2001Aug 2 2001

Publication series



OtherTechnology Management in the Knowledge ERA (PICMET)
Country/TerritoryUnited States
CityPortland, OR

ASJC Scopus subject areas

  • Engineering(all)


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