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[[Image:Aerospace_vehicle_examples.jpg|right]]
[[Image:Aerospace_vehicle_examples.jpg|thumb|right|200px|Value-Driven Design, to date, has focused on aerospace systems]]


'''Value-Driven Design''' is a [[systems engineering]] strategy based on [[microeconomics]] which enables [[multidisciplinary design optimization]]. Value-Driven Design is being developed by the [AIAA | American Institute of Aeronautics and Astronautics], a professional organization, as a program committee. In parallel, [[DARPA | the US Defense Advanced Research Projects Agency]] has promulgated an identical strategy, calling it '''Value Centric Design Methodology''', on the [[fractionated spacecraft]] F6 Program. At this point, the terms '''Value-Driven Design''' and '''Value Centric Design Methodology''' are interchangeable. The essence of these strategies is that design choices are made to maximize system value rather than to meet requirements.
'''Value-Driven Design''' is a [[systems engineering]] strategy based on [[microeconomics]] which enables [[multidisciplinary design optimization]]. Value-Driven Design is being developed by the [AIAA | American Institute of Aeronautics and Astronautics], a professional organization, as a program committee. In parallel, [[DARPA | the US Defense Advanced Research Projects Agency]] has promulgated an identical strategy, calling it '''Value Centric Design Methodology''', on the [[fractionated spacecraft]] F6 Program. At this point, the terms Value-Driven Design and Value Centric Design Methodology are interchangeable. The essence of these strategies is that design choices are made to maximize system value rather than to meet performance requirements. Value-Driven Design is controversial because performance requirements are a central element of systems engineering.<ref>{{cite book
| author = Kapurch, Stephen J., et al.
| title = NASA Systems Engineering Handbook, NASA/SP-2007-6105 Rev 1, page 43
| publisher = National Aeronautics and Space Administration
| year = 2007
| url = http://education.ksc.nasa.gov/esmdspacegrant/Documents/NASA%20SP-2007-6105%20Rev%201%20Final%2031Dec2007.pdf
| accessdate = 2009-05-24}}
</ref> However, Value-Driven Design supporters claim that it can improve the development of large aerospace systems by reducing of eliminating cost overruns<ref>{{cite paper
| first = Paul
| last = Collopy
| title = Adverse Impact of Extensive Attribute Requirements on the Design of Complex Systems
| publisher = AIAA Paper 2007-7820, American Institute of Aeronautics and Astronautics, Reston, VA
| year = 2007
| url = http://www.vddi.org/reqts.pdf
| accessdate = 2009-05-24}}
</ref> which are a major problem, according to independent auditors.<ref>{{cite report
| first = Brian
| last = Mullins
| title = Defense Acquisitions: Assessments of Selected Weapon Programs
| publisher = GAO report GAO-08-467SP 2007-7820, American Institute of Aeronautics and Astronautics, Reston, VA
| data = March 31, 2008
| url = http://www.gao.gov/products/GAO-08-467SP
| accessdate = 2009-05-24}}
</ref>


== Concept ==
== Concept ==

== History ==

== Value-Based Acquisition ==

==References==
{{Reflist|2}}

Revision as of 23:11, 24 May 2009

File:Aerospace vehicle examples.jpg
Value-Driven Design, to date, has focused on aerospace systems

Value-Driven Design is a systems engineering strategy based on microeconomics which enables multidisciplinary design optimization. Value-Driven Design is being developed by the [AIAA | American Institute of Aeronautics and Astronautics], a professional organization, as a program committee. In parallel, the US Defense Advanced Research Projects Agency has promulgated an identical strategy, calling it Value Centric Design Methodology, on the fractionated spacecraft F6 Program. At this point, the terms Value-Driven Design and Value Centric Design Methodology are interchangeable. The essence of these strategies is that design choices are made to maximize system value rather than to meet performance requirements. Value-Driven Design is controversial because performance requirements are a central element of systems engineering.[1] However, Value-Driven Design supporters claim that it can improve the development of large aerospace systems by reducing of eliminating cost overruns[2] which are a major problem, according to independent auditors.[3]

Concept

History

Value-Based Acquisition

References

  1. ^ Kapurch, Stephen J.; et al. (2007). NASA Systems Engineering Handbook, NASA/SP-2007-6105 Rev 1, page 43 (PDF). National Aeronautics and Space Administration. Retrieved 2009-05-24. {{cite book}}: Explicit use of et al. in: |author= (help)
  2. ^ Collopy, Paul (2007). "Adverse Impact of Extensive Attribute Requirements on the Design of Complex Systems" (PDF). AIAA Paper 2007-7820, American Institute of Aeronautics and Astronautics, Reston, VA. Retrieved 2009-05-24. {{cite journal}}: Cite journal requires |journal= (help)
  3. ^ Mullins, Brian. Defense Acquisitions: Assessments of Selected Weapon Programs (Report). GAO report GAO-08-467SP 2007-7820, American Institute of Aeronautics and Astronautics, Reston, VA. Retrieved 2009-05-24. {{cite report}}: Unknown parameter |data= ignored (|date= suggested) (help)