Value-Centric/Driven Design: Application for the Space Industry

Research output: Contribution to conferencePaper

Abstract

By 2020 the space industry is set to be worth over $500 billion worldwide and is on the cusp of rapid expansion in both capability and customers. Start-up companies are providing novel designs and services forcing the established operators to provide at a more affordable price. Cost overruns and project delays are commonplace within the space industry and even after completion and launch; projects continue to show an increased cost growth, performance erosion and a decrease in the overall value. These undesired outcomes are a consequence of the current requirement-based design methodology. Value-Centric Design addresses these undesirable outcomes by capturing the uncertainty and risk of design decisions during the satellite mission concept exploration phase of a Space Mission Life Cycle. This paper aims to demonstrate the concept of value with multiple key players of the space industry and provides the building blocks of VCD framework.

Bibliographical metadata

Original languageEnglish
Pages1-25
Number of pages25
DOIs
Publication statusPublished - 12 Sep 2017
Event2017 AIAA Space and Astronautics Forum and Exposition - Hyatt Regency Orlando, Orlando, Florida, United States
Event duration: 12 Sep 201714 Sep 2017

Conference

Conference2017 AIAA Space and Astronautics Forum and Exposition
Country/TerritoryUnited States
CityOrlando, Florida
Period12/09/1714/09/17