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NASA OSMA SAS 01 PROBLEM STATEMENT ? This research addresses NASA’s need to evaluate the ROI and cost/benefit of applying IVV technologies. A prototype is to be developed that will provide financial valuation of IVV for a given program. The prototype will be developed using an iterative process that will incrementally implement the models and methodology researched and developed during prior years of this effort. The tool will be evaluated for usability, accuracy, and consistency through limited use scenarios with NASA program managers. Return on Investment - Status This project was funded July 20, 2001 Evaluation of data sets is in progress Benchmarking for key factor target value ranges in progress Model integration and interface to existing programs in progress, Ask Pete, ARRT RESEARCH APPROACH Phase 1: Reduce the models we developed earlier to actionable guidelines for practice Phase 2: Introduce these models, processes and support tools to a small group of carefully selected pilot projects Evaluate the results of applying the tools and methods Phase 3: Use the feedback from step 3 to adapt the tools and methods for widespread dissemination, if warranted within the software project decision-making community at NASA. HYPOTHESES/OBJECTIVE ? The IVV valuation methodology will be iteratively refined based on feedback from NASA program managers and statistical evaluation of the methodology and results. Specific factors to be evaluated: ? Hypothesis 1: The cost relative to the potential benefits of IVV is inversely proportional to key organizational factors, such as the capability maturity of the development organization. ? Hypothesis 2: The realization of potential IVV benefits is directly related to the development organizations’ acceptance of IVV. ? Hypothesis 3: The cost/benefit ratio for IVV is directly related to the criticality of the application (and its individual subsystems). ? IVV YIELD Ultimately, the yield of an IVV program is based upon the