3. Manage a portfolio of opportunities and cost risks and chart the "road to the target."

The goal of the CCO approach is to achieve the target by modifying the initial definition through the application of less costly alternative solutions (known as "opportunities").

For a complex product, this requires the creation and management of a portfolio of documented and evaluated ideas in order to enable:

• a projection by consolidating the impacts on the cost of the final product;

• prioritizing ideas based on their feasibility and impact on decision-making criteria.

To obtain a realistic projection, it is also necessary to identify negative impacts on the cost of the product ("risks"). These impacts arise from alternatives that meet other criteria, such as "performance."

These "opportunities and risks" are decision items...