2008
DOI: 10.1002/j.2334-5837.2008.tb00871.x
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11.1.1 Using Natural Value‐Centric Time Scales for Conceptualizing System Timelines through Epoch‐Era Analysis

Abstract: Abstract.A traditional approach to system design is to optimize the system with regard to a set of system objectives, as defined in a given context. This approach falls short when designing systems that are capable of delivering sustained value to stakeholders in the face of a rapidly changing world. In order to achieve this value robustness, systems should be designed using natural value-centric time scales, as defined by their contexts, for conceptualizing system timelines. Epoch-Era Analysis is an approach … Show more

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Cited by 78 publications
(51 citation statements)
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“…Using this utility function and the model-derived cost, many diverse SoS designs can be represented on a tradespace. This step of the method can be repeated for a variety of future contexts using an analysis method called Epoch-Era Analysis [8], resulting in a collection of tradespaces representing the SoS performance in different scenarios. Tradespace statistics can be generated over a large number of tradespaces thus obtained, and value robust designs can be identified as the designs that are provide high benefit at low cost for many future contexts [9].…”
Section: The Sos Tradespace Exploration Methodsmentioning
confidence: 99%
“…Using this utility function and the model-derived cost, many diverse SoS designs can be represented on a tradespace. This step of the method can be repeated for a variety of future contexts using an analysis method called Epoch-Era Analysis [8], resulting in a collection of tradespaces representing the SoS performance in different scenarios. Tradespace statistics can be generated over a large number of tradespaces thus obtained, and value robust designs can be identified as the designs that are provide high benefit at low cost for many future contexts [9].…”
Section: The Sos Tradespace Exploration Methodsmentioning
confidence: 99%
“…The Epoch framework later proposed by Ross and Rhodes (2008) allows the systematic creation of trade-space model(s) to quantify a range of "ilities", such as survivability, adaptability, flexibility, scalability, versatility, modifiability and robustness. Other methodologies did exist previously, such as Real options for flexibility (Saleh et al 2003) but just for a few of these aforementioned criteria.…”
Section: Value As System Flexibility and Robustnessmentioning
confidence: 99%
“…A Pareto Set characterizes those "non-dominated" designs of highest utility at a given cost, across all costs, or those of lowest cost at a given utility, across all utilities. Passive value robustness can be quantified as the Pareto Trace Number, which is the number of scenarios, or "Epochs" [Ross and Rhodes, 2007], whose Pareto Set contains that particular design, reflecting the designs that have the most efficient utility for a given level of resource expenditure. Figure 12 shows the definition along with a tradespace over time plot showing the Pareto Trace designs that remain in the Pareto Sets across various Epochs.…”
Section: Value Robustnessmentioning
confidence: 99%