dc.description.abstract | Creation of lifecycle value - a balance of
performance with cost and other attributes -
represents a challenge for the development of
aerospace products in the twenty-first century. This
paper examines the concept of lifecycle value that
stems from existing approaches of value
management and analysis, lifecycle costing, and
systems engineering. To ascertain common
characteristics of lifecycle value creation, case
studies were done for four aircraft programs: F/A-
18E/F, JAS 39 Gripen, F-16C/D, and B-777. A
lifecycle value creation framework is introduced,
comprised of three phases: value identification,
value proposition, value delivery. Based upon
observed practices in the four case studies, six value
creation attributes were identified. Capability
maturity models for the six attributes and three value
creation phases are presented. The resulting
framework represents a starting point for programs
seeking to create lifecycle value for aerospace
products. | en_US |