Value Based Decision Making – The Missing Element in MBSE

Cochise

While there has been substantial progress in moving toward Model Based Systems Engineering (MBSE) and use of improved or modified Systems Engineering Vee Diagrams, a key element is missing. While Value Based Acquisition (VBA) was identified several decades ago for making value based decisions, it often hasn’t been incorporated in defining new approaches for MBSE. The Georgia Tech graduate program in Aerospace Systems Design, the largest in the world, has built its foundation on a generic Integrated Product/Process Development (IPPD) methodology that makes a top down design decision-making process the centerpiece for conducting tradeoffs and making decisions using Systems Engineering and Quality Engineering methods and tools in a Computer Integrated Environment. This paper will address how value based decision-making can be added and used in advances to MBSE.

(MBSE) Model Based Systems Engineering