Technical Report
Development and Application of FACT Portfolio Management Capability
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Systems Engineering and Systems Management Transformation
Report Number: SERC-2015-TR-047-1
Publication Date: 2015-01-20
Project:
Development and Application of FACT Portfolio Management Capability
Principal Investigators:
Co-Principal Investigators:
This research effort is comprised of three tasks:
1. Develop approach. SERC shall define the portfolio management capabilities needed for FACT, using inputs from
the Global Combat Support System – Marine Corps (GCSS-MC) program office. SERC shall assess the current FACT
capabilities to meet these needs, identify the gaps to be addressed and evaluate the technologies to be developed
to address these gaps. SERC shall also explore concepts for visualizing capability options, such as the concentric
spheres methodology.
2. Evaluate existing tools and data. SERC shall work with the GCSS-MC program office and other subject matter
experts to develop a components-to-capability correlation matrix, or similar construct, for the GCSS-MC program.
This matrix will be used to evaluate the FACT portfolio management capability. SERC shall identify and evaluate
existing data, subject matter expert input, and GCSS-MC planning activities needed to support the GCSS program.
SERC will keep an inventory of data and databases and will evaluate detailed models to determine how they can
be incorporated into the FACT model. SERC shall explore techniques and develop a strategy for including portfolio
roadmap planning within the FACT tradespace capability.
3. Develop and apply methods for incorporating portfolio data and models into FACT. SERC shall assist in
identifying and developing additional models needed for the portfolio management capability, such as rule-based
design models based on historical trends, subject matter experts or heuristic reasoning. SERC shall explore and
potentially generate the first set of cost estimating relationships for the new capability. SERC shall incorporate the
data and models in an executable, browser-based/metadata model into FACT and provide a GCSS Portfolio
Management Capability.