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WCA Chapter Virtual Luncheon: Using TRLs to Predict the Future of Nuclear Weapons

October 4, 2022 @ 12:00 pm - 1:00 pm

Please join the Washington Capital Area Chapter (WCAC) of ICEAA for our next virtual luncheon, Using TRLs to Predict the Future of Nuclear Weapons!

Technology Readiness Levels (TRL) are used to measure and assess technology maturity. This paper presents innovative research demonstrating how historical TRL data can be used to perform credible, data-driven schedule analysis for programs early in development. Originally designed to help schedule analysis for the nuclear weapons stockpile, the resultant methodology combines historical milestone data and statistical methods to generate a Monte Carlo simulation of a risk-adjusted schedule for complex programs.

Presenters:
Abby Schendt
Abby Schendt is a lead analyst at Technomics, supporting the NNSA in cost estimating and data driven decisions and recommendations. She previously worked at Rand Corporation on acquisition policy and support using modeling to inform policy recommendations. Abby is a graduate of the University of Maryland-College Park, with a MPS in Applied economics, and Rose Hulman Institute of Technology, with a BS in Physics, Mathematics and Economics.

Ray Vera
Ray Vera is the Cost Supervisor for the Office of Cost Estimating and Program Evaluation at the National Nuclear Security Administration. He previously worked at the Defense Contract Management Agency as an earned value management specialist and Bank of America as a bond market quantitative analyst. Ray has a B.S. in Industrial Engineering and Operations Research from the University of California, Berkeley, and a M.S. in Financial Engineering from Claremont Graduate University.

Mike Metcalf
M. Michael Metcalf is a project manager at Technomics, supporting the Department of Energy, DoD, US Army, DHS and NNSA in cost estimating and data-driven decisions. He previously worked at the Institute for Defense Analyses. Mike is a graduate of Lehigh University, with a B.S. in Integrated Business and Engineering (Business Economics focus) and M.S. in Industrial Engineering.

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