• 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