DocumentCode
1755673
Title
Faster-Better-Cheaper Projects: Too Much Risk or Overreaction to Perceived Failure?
Author
Dillon, Robin L. ; Madsen, Peter M.
Author_Institution
McDonough Sch. of Bus., Georgetown Univ., Washington, DC, USA
Volume
62
Issue
2
fYear
2015
fDate
42125
Firstpage
141
Lastpage
149
Abstract
From 1992 until 1999, NASA adopted a Faster-Better-Cheaper (FBC) paradigm-i.e., smaller low-cost spacecraft-for its unmanned missions. When many early missions met their objectives at much lower cost than traditional flagship missions, the FBC approach seemed successful. However, after the failures of two Mars spacecraft in 1999, the FBC paradigm was viewed as a failed experiment. We reflect on the legacy of FBC. In particular, we focus on the organizational learning literature to explore whether FBC, a stretch goal, was a good step for NASA. Previous examinations of FBC have focused on failure rates rather than on cost effectiveness. We revisit the question of FBC by examining all unmanned NASA missions launched between 1974 and 2007. We find that FBC missions resulted in more scientific publications per dollar of mission cost than other types of missions. From our analysis, we perceive lasting benefits to current projects from the adoption of the stretch goals, and perceive that NASA suffers from a bias against learning from the FBC experiment because of the stigma of the high-profile failed projects. We conclude with the recommendation that NASA should challenge itself with stretch goals, but with science goals rather than human exploration goals.
Keywords
risk analysis; space research; space vehicles; AD 1974 to 2007; AD 1992 to 1999; FBC experiment; Faster-Better-Cheaper paradigm; Mars spacecraft; NASA; failed experiment; failure rates; faster-better-cheaper projects; low-cost spacecraft; mission cost; organizational learning literature; overreaction; perceived failure; science goals; stretch goal; unmanned missions; Best practices; Mars; NASA; Schedules; Space missions; Space vehicles; Faster-better-cheaper; risk; space mission; stretch goals;
fLanguage
English
Journal_Title
Engineering Management, IEEE Transactions on
Publisher
ieee
ISSN
0018-9391
Type
jour
DOI
10.1109/TEM.2015.2404295
Filename
7055338
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