The development of visualized risk-informed tradespace exploration (vRITE) for R&D investment decision-making

Uncertainty and risk are endemic in research and development (R&D) programs. Managing risks is a pivotal step at all phases of system design, but is particularly important at the beginning phases where system designers attempt to assess many design alternatives before the systems is developed and deployed. Designing systems that mitigate risks or are flexible enough to withstand them can lead to more reliable and valuable systems. If decision-makers believe the risks are too high, they may not invest in a technology that would provide the capabilities they need. Alternatively, if they underestimate the risks of a technology, investment may lead to costly and embarrassing overruns. Unfortunately, the existing approaches that decision-makers use to help them understand their options are often inadequate and do not tell the full story.

Name thesis:degree_name

Master

Department dc:contributor.department

Massachusetts Institute of Technology. Institute for Data, Systems, and Society

Grantor dc:publisher

Massachusetts Institute of Technology

Year dc:date.issued

2019

Author dc:creator

• Mahle, Samuel Adam.

Advisor dc:contributor.advisor

• Donna H. Rhodes.

• Institute for Data, Systems, and Society.
• Technology and Policy Program.

Statement dc:rights

• MIT theses are protected by copyright. They may be viewed, downloaded, or printed from this source but further reproduction or distribution in any format is prohibited without written permission.

Licence dc:rights.uri

• http://dspace.mit.edu/handle/1721.1/7582

Language dc:language.iso

eng

Handle dc:identifier.uri

https://hdl.handle.net/1721.1/122189

OAI identifier oai:identifier

oai:dspace.mit.edu:1721.1/122189