Defense Acquisition Research Journal #91

January 2020

Figure 6 shows the probability of success of each program. These are currently based on using NPV, but can be applied to any noneconomic variable. The defnition used here is the probability (PROB) of NPV > 0. Based on the values, (1 – PROB)% is the probability of failure.

IGURE 6. ECONOMIC PROBABILITY OF SUCCESS F

NPV

ROI

ROI PROJECT

RANK

PROJECT

RANK

PROJECT

RANK 1

1

SPQ-9B

1

SPQ-9B

SPQ-9B CCOPS RDDL

2

SM-2 BLK

2

RDDL

2 3 4

3

BMD

3

RDDL

4

SM-2 BLK

4

BMD

BMD

5

Weather

5

Weather

5

Weather

6

MH-60R

6

CCOPS

6

SM-2 BLK

7

CCOPS

7

MH-60R

7

NIFC-CA

8

CIWS-CEC

8

CIWS-CEC

8

SSDS

9

SSDS

9

SSDS

9

CIWS-CEC

10

NIFC-CA

10

NIFC-CA

10

MH-60R

93

Defense ARJ, January 2020, Vol. 27No. 1 : 60-107

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