Portfolio Management Overview

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Portfolio ManagementOverview

• Joanne Eakin
• ARX-200
• Jan 10, 2001

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Agenda

• The Portfolio Management Initiative
• Overview of Portfolio Management
• Roles and Responsibilities
• Schedule for Implementation

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Introduction
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Portfolio Management Overview

• Authority
• Executive Steering Committee - Dec 2, 1999
• Purpose
• Focus on delivering benefits to end-users and
  stakeholders
• Evaluation of the worth of FAA investments
• Identification and allocation of all resources
  that impact the ability to achieve investment
  benefits
• Objectives
• Maximize investment (get most value from what is
  available)
• Improve communications on needs, relative value,
  and priority
• External - Between FAA and Stakeholders,
  Congress, Aviation Community
• Internal - Service providers and service teams
• Improve Service Delivery
• Focus on quantifiable value and benefits to FAA
  customers
• Achieve stability for execution

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Portfolio Management Overview, Cont

• Scope
• Service orientation rather than equipment/
  project
• FAA Service Goals - Ensure safety, security,
  flexibility, access, capacity, productivity
• Service Mission - Business Units (Enroute,
  Terminal, , , )
• Service Vision - Keep pace w/demand, technology,
  support, economics
• Organizational Implementation
• FAA-wide (Phased)
• Phase 1
• ARS (is lead organization w/i ATS)
• ARX ARR (lead w/i ARS)
• Phase 2
• AAT, AAF, ACM, ASC
• ARA, et al ...

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Portfolio Management Overview, Cont
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Concept
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Aviation Services Concept

• Clear Linkage between Capital Investment and
  Operational Benefits

External Stakeholder View
Services Translate to User Benefits
Focus is on Strategic Planning, Operational
Planning, and Budgeting
Management View
Look at Services and to Measure Success
Sum of Projects Make a Service
Services View
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Roles and Responsibilities
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Roles and Responsibilities, Cont
Begins the Investment Case
Start Gate Go No-go Decision for Investment
File MNAP.ppt, Version 2.0
ATS Mission Analysis Process Flow
Version 2.0 Dated March 2, 2000
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Phase 1
Phase 2
Phase 3
Phase 4
Phase 0
ARX-200 Analysis Standard Operating Procedures
Collection Synthesis of Quantification Data
Content Status Briefing to ARX-200 Division
Mgmt.
Seek PRB Direction
End ARX-200 Cycle Time
Begin ARX-200 Cycle Time

• Present Problem Definition and/or
• issue paper to the PRB for
• recommended approach prioritization
• Revalidation?
• Full mission analysis (MNS)?
• ATS special project (i.e., SLEP, FAB,
• etc.)?

• Establish IRT
• Develop project plan
• Fact finding
• Analysis/Conclusions
• Informational brief to MASG
• Peer review

• Develop methodology
• Stakeholders collect provide data as assigned
• Develop and present synthesized data in support
  of
• impact benefits
• Develop final draft document
• Obtain management approval of quality assurance
• inputs

Prepare for Mission Need Decision
ATS Coordination

• Acquire special interest IRT signoff
• Brief ARX Directorate level proceed
• per management direction
• Brief ATS executives

• Request JRC
• Brief JRC

Initiate IAP iRD
JRC MNS Approval

• Value of Benefit - to Service, Agency,
  Stakeholder, Customer
• Defines Relationship of Investment to Goals
  (Service Goals/ Sustainment Goals, ...
• Initiates - Results Chain, Value Plot(s) for
  Financial/ Risk/ Affordability

Agency Coordination
Approved

• ATS Special Project
• Full Mission Analysis
• Revalidation

Unapproved

• ARR-100

Proceed Per JRC Direction
Proceed Per JRC Direction

• Brief MASG
• Initiate 30-day review cycle
• Resolve feedback
• Obtain agency concurrence

• Transition to ARR
• Deliver artifacts to ARX-3
• Distribute collect surveys
• Police casefile
• Apply process metrics per iCMM
• Write lessons learned

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Roles and Responsibilities, Cont

• CONTINUES/ EXPANDS/ REFINES
• Value of Benefit - to Service, Agency,
  Stakeholder, Customer
• Defines Relationship of Investment to Goals
  (Service Goals/ Sustainment Goals, ...
• COntinues - Results Chain, Value Plot(s)
  Financial/ Risk/ etc.

Continues in SI and Ops Phases
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Schedule
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Sample Portfolio Management Products