Technology Readiness Assessment (TRA) Template
A Technology Readiness Assessment (TRA) is a formal, systematic, metrics-based process and accompanying report that assesses the maturity of critical hardware and software technologies to be used in systems. It is conducted by an Independent Review Team (IRT) of subject matter experts (SMEs).
This formal TRA complements—but does not in any way preclude—the program manager’s (PM’s) responsibility to pursue all the risk reduction efforts needed to ensure that adequate technological maturity is reached before Milestone B approval is sought. As an activity separate from the formal TRA, an early evaluation of technology maturity conducted shortly before Milestone A should be used to support the planning of these risk reduction efforts.