Current Government acquisition guidelines mandate the development of strategic goals
and related capability-based performance measures in making investment decisions.
To satisfy these guidelines, investment decisions cannot be made one system at a time,
but must address how new candidate systems interact among themselves and complement
currently fielded systems in order to achieve the maximum overall effectiveness of the
resulting "system of systems" architecture. Thus the choice of an investment portfolio to
support a system architecture must be made in the context of an overall mission
framework.
The Portfolio AnaLysis MAchine (PALMA) is a tool that can be used to support the
JCIDS process. Specifically, it is a computer program that helps decision-makers to
select the best portfolio (combination) of investments from a set of potential investment
options.
» Download Paper [PDF, 723KB]
