There are numerous studies, papers and program examples that highlight the benefits M&S can provide in technical risk reduction, time savings, direct cost savings and/or cost avoidance, and management risk reduction. Since many of these documents are continually being refined (particularly in the dynamic growth area of M&S), it is important to view them first-hand for possible changes.1 For example, the Army recently coined the phrase Simulation and Modeling for Acquisition, Requirements and Training, or SMART, to describe their initiative for SBA.2
This chapter presents current policy and guidance, previous studies and conclusions, and some assumptions and trends upon which SBA depends. Thus far, the only reference to Simulation Based Acquisition that appears in the Defense Acquisition Deskbook is Dr. Gansler's 16 March 1998 memorandum previously mentioned in Chapter Two. We expect this will soon change, however, as the acquisition community continues to implement this "smarter" way of doing business. The following synopses are a quick walk-through of recent information relevant to SBA.