lucht
DESCRIPTION
TRANSCRIPT
![Page 1: Lucht](https://reader033.vdocument.in/reader033/viewer/2022051411/547f5867b4af9f7d358b45e4/html5/thumbnails/1.jpg)
National Aeronautics and Space Administration
Investment Portfolios: The Business Case for Commercial Crew
PM ChallengeFebruary 10, 2011
Karen LuchtDennis StoneMichelle Green
![Page 2: Lucht](https://reader033.vdocument.in/reader033/viewer/2022051411/547f5867b4af9f7d358b45e4/html5/thumbnails/2.jpg)
The Investment Portfolio Approach• Shift in policy from Government-managed
programs to Government-managed portfolio
![Page 3: Lucht](https://reader033.vdocument.in/reader033/viewer/2022051411/547f5867b4af9f7d358b45e4/html5/thumbnails/3.jpg)
• Financial analyses are conducted prior to committing investment funds– Variables of the analyses include:• Market demand• Available services, competition• Pricing• Required capital investments
The Business Case
![Page 4: Lucht](https://reader033.vdocument.in/reader033/viewer/2022051411/547f5867b4af9f7d358b45e4/html5/thumbnails/4.jpg)
Challenges to Achieving a Strong Business Case
• Required infrastructure• Technical complexity• Schedule• Customer demand• Liability
![Page 5: Lucht](https://reader033.vdocument.in/reader033/viewer/2022051411/547f5867b4af9f7d358b45e4/html5/thumbnails/5.jpg)
Opportunities• Collaboration between Industry and Government– Accessibility to assets– Standardization– Allocation of property rights– Allocation of liability