Download or read book Making Strategic Decisions in Department of Defense Acquisition Using Earned Value Management written by Douglas B. Bushey and published by . This book was released on 2007 with total page 56 pages. Available in PDF, EPUB and Kindle. Book excerpt: This paper provides Department of Defense (DoD) Acquisition officials a guide for using earned value management (EVM) to make strategic decisions. Today's military forces face a great variety of threats with unprecedented complexities. To deal with these threats, DoD is pursuing a bold strategy to transform itself into a more agile and lethal force while fighting the war on terrorism. This transformation, in concert with fighting a global war, comes at an expense. The fiscal year (FY) 07 defense budget will exceed $513 billion this year; if historical trends continue, around 33% of these dollars will go to weapon system acquisitions. For more than 35 years, DoD has used EVM to ensure the efficient and effective use of these dollars. Yet despite the fact that this project management process has been around for so long, DoD still struggles to keep weapon system projects within budget. In the first quarter of FY06, 40 programs reported Nunn-McCurdy unit-cost breaches, with 25 of these reporting greater than 50% unit-cost growth. This paper examines how DoD can better use EVM to make strategic decisions on defense programs. The first portion of this paper briefly describes earned value and the process DoD uses to validate a contractor's system. With this background, the paper describes how a valuable resource -- the Defense Contract Management Agency (DCMA) -- can assist project managers (PMs) with using EVM to make strategic program decisions. This section is dedicated to program EVM analysis methods used to develop pieces of the puzzle that predict answers to very important program management questions. The research methodology includes analysis of three major defense program EVM systems and data, comprehensive literature review of EVM in acquisition management, and consultation with PMs, DCMA personnel, and DoD contractors. This paper will not cover the basics of EVM. Rather, it concentrates on the use of this concept as a predictive tool to identify root causes of problems, develop solutions early in the acquisition life cycle, and make strategic program decisions. This paper includes questions that acquisition officials can use to shape EVM and the data analysis and products that can be expected. Finally, it concludes with recommendations for maximizing the use of EVM to make strategic decisions.

Download or read book An Integrated Model based Approach to Improving Project Control in Department of Defense Acquisition written by Christopher Everett Carson and published by . This book was released on 2021 with total page 199 pages. Available in PDF, EPUB and Kindle. Book excerpt: The United States no longer has the luxury of overspending on military weapon systems. Military programs have steadily cost more, taken longer, and delivered less. How can the Department of Defense reverse this trend? The Department of Defense prescribes the use of an Earned Value Management System (EVMS) to control large, complex engineering projects. According to academic literature, the earned value method can be an effective project control technique but also has significant flaws. Modern integrated project models allow for innovative new approaches to project control which may be superior to the earned value method. Department of Defense policy reveals that integrating cost, schedule, and scope; accurately forecasting project status to allow for proactive decision making; and effective risk mitigation are the most important features of a project control method. This thesis reviews earned value method research and Department of Defense EVMS policy. This thesis also evaluates four project control methods through an experiment that uses an integrated project model. Subject to the specific conditions represented in the model, a Multiple Risk Level model-based control method enabled more proactive decision making than a modified version of the earned value method in the experiment. However, the Multiple Risk Level model did not forecast or enable risk mitigation as well as the modified earned value method in the experiment. The results of this analysis suggest that the ideal project control technique depends on the goals, nature, and environment of the project. Therefore, the Department of Defense should use integrated project models to tailor project control strategies to best suit acquisition programs.

Download or read book Major Acquisitions Significant Changes Underway in DoD s Earned Value Management Process written by and published by . This book was released on 1997 with total page 32 pages. Available in PDF, EPUB and Kindle. Book excerpt: Despite the regularity with which defense acquisition programs have experienced cost overruns and schedule delays, the Department of Defense (DoD) does have an extensive system intended to provide program managers and others with early warnings of cost and schedule problems. In 1967, DoD issued a set of cost/schedule control system (CS2) criteria that it required defense contractors to meet. However, it has become widely accepted by DoD and the defense industry alike that this process is in need of reform. This report addresses the problems facing the CS2 process, the progress DoD has made with reforms, and the challenges DoD faces in fostering and managing potentially significant changes.

Download or read book Creating a DoD Strategic Acquisition Platform written by Ronald Kerber and published by DIANE Publishing. This book was released on 2009-11 with total page 47 pages. Available in PDF, EPUB and Kindle. Book excerpt: The U.S. must be prepared to respond to a broad set of national security missions, both at home and abroad. Yet many deficiencies exist in defense capabilities need to support these missions -- systems are aging and technologies are becoming obsolete. Fixing the DoD acquisition process is a critical national security issue -- requiring the attention of the Sec. of Defense. DoD needs a strategic acquisition platform to guide the process of equipping its forces with the right materiel to support mission needs in an expeditious, cost-effective manner. The incoming leadership must address this concern among its top priorities, as the nation¿s military prowess depends on it. This report offers recommendations for rebuilding the defense acquisition process.

Download or read book Implementation of Earned Value Management Into the Software Acquisition Process written by Louis D. Bryan and published by . This book was released on 1999-09-01 with total page 74 pages. Available in PDF, EPUB and Kindle. Book excerpt: The objective of this study was to determine the usefulness of Earned Value Management as a program management tool for the Department of Defense acquisition community. In making this determination, the study sought to uncover information about Earned Value Management from the contractor's perspective as well as the government administrator's perspective. It also sought to determine the usefulness of Earned Value Management during the different phases of the software acquisition process. The study utilized a structured questionnaire to acquire the data necessary for analysis. This data was analyzed to compare perceptions of the government and contractor communities in regard to the use of Earned Value Management as a program management tool. It also compared perceptions in regard to using Earned Value Management during different stages of the software program life cycle.

Download or read book Earned Value Management Acquisition Reform written by United States. Office of the Under Secretary of Defense (Acquisition Reform) and published by . This book was released on 1996 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Introduction to Defense Acquisition Management written by and published by Government Printing Office. This book was released on 2009 with total page 76 pages. Available in PDF, EPUB and Kindle. Book excerpt: "This ninth edition of Introduction to Defense Acquisition Management includes revisions to the regulatory framework for Defense systems acquisition management from the December 2008 Department of Defense Instruction 5000.02 and includes policy for determining requirements for defense systems from the Chairman of the Joint Chiefs of Staff 3170 series, Joint Capabilities Integration and Development System. This publication is designed to be both an introduction to the world of defense systems acquisition management for the newcomer and a summary-level refresher for the practitioner who has been away from the business for a few years. It focuses on Department of Defense-wide management policies and procedures, not on the details of any specific defense system."--Publisher's website.

Download or read book Introduction to Defense Acquisition Management written by and published by . This book was released on 2001 with total page 96 pages. Available in PDF, EPUB and Kindle. Book excerpt: Issues for 2009- cataloged as a serial in LC.

Download or read book written by and published by . This book was released on 1928 with total page pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Decision Making in Systems Engineering and Management written by Patrick J. Driscoll and published by John Wiley & Sons. This book was released on 2022-10-25 with total page 580 pages. Available in PDF, EPUB and Kindle. Book excerpt: DECISION MAKING IN SYSTEMS ENGINEERING AND MANAGEMENT A thoroughly updated overview of systems engineering management and decision making In the newly revised third edition of Decision Making in Systems Engineering and Management, the authors deliver a comprehensive and authoritative overview of the systems decision process, systems thinking, and qualitative and quantitative multi-criteria value modeling directly supporting decision making throughout the system lifecycle. This book offers readers major new updates that cover recently developed system modeling and analysis techniques and quantitative and qualitative approaches in the field, including effective techniques for addressing uncertainty. In addition to Excel, six new open-source software applications have been added to illustrate key topics, including SIPmath Modeler Tools, Cambridge Advanced Modeller, SystemiTool2.0, and Gephi 0.9.2. The authors have reshaped the book’s organization and presentation to better support educators engaged in remote learning. New appendices have been added to present extensions for a new realization analysis technique and getting started steps for each of the major software applications. Updated illustrative examples support modern system decision making skills and highlight applications in hardware, organizations, policy, logistic supply chains, and architecture. Readers will also find: Thorough introductions to working with systems, the systems engineering perspective, and systems thinking In-depth presentations of applied systems thinking, including holism, element dependencies, expansive and contractive thinking, and concepts of structure, classification, and boundaries Comprehensive explorations of system representations leading to analysis In-depth discussions of supporting system decisions, including the system decision process (SDP), tradespace methods, multi-criteria value modeling, working with stakeholders, and the system environment Perfect for undergraduate and graduate students studying systems engineering and systems engineering management, Decision Making in Systems Engineering and Management will also earn a place in the libraries of practicing system engineers and researchers with an interest in the topic.

Download or read book Measuring Value and Efficiency written by United States. Congress. House. Committee on Armed Services. Panel on Defense Acquisition Reform and published by . This book was released on 2010 with total page 90 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Introduction to Defense Acquisition Management written by Joseph H. Schmoll and published by . This book was released on 1993 with total page 52 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Oversight of Defense Department Acquisitions written by United States. Congress. House. Committee on Oversight and Government Reform. Subcommittee on National Security and Foreign Affairs and published by . This book was released on 2010 with total page 120 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Defense Acquisitions written by Michael J. Sullivan and published by DIANE Publishing. This book was released on 2010-11 with total page 25 pages. Available in PDF, EPUB and Kindle. Book excerpt: This review includes the feasibility and advisability of: (1) estab. a process in which the commanders of combatant commands provide input on the capabilities needed to accomplish their missions over 15 years or more; (2) estab. a materiel solutions process for addressing identified gaps in critical warfighting capabilities; (3) revising the acquisition process by estab. shorter, more frequent acquisition program milestones; (4) requiring the milestone decision authority to specify the period of time that will be required to deliver an initial operational capability; (5) estab. a new office to provide independent cost and performance est.; (6) requiring certifications of program status; and (7) modifying the role played by the Chiefs of Staff of the Armed Forces. Illus.

Download or read book Defense acquisition improved program outcomes are possible written by and published by DIANE Publishing. This book was released on 1998 with total page 34 pages. Available in PDF, EPUB and Kindle. Book excerpt: We are pleased to be here today to discuss issues facing the Department of Defense (DOD) in its acquisition of weapon systems, related spare parts, and other goods and services. In response to the many changes that have been witnessed in the defense acquisition environment over the last few years, DOD has begun broad-based changes to its acquisition and contracting processes. However, weapon programs continue to have questionable requirements; unrealistic cost, schedule, and performance estimates; and strategies that begin production before adequate testing has been completed. This discussion of acquisition issues is well-timed, as DOD implements plans to increase its procurement budget to $60 billion in fiscal year 2001-a 40-percent increase over last fiscal year's budget. My testimony focuses on a different approach to improving weapon acquisition outcomes based on best commercial practices and an understanding of the acquisition culture. My testimony also includes some observations on (1) DOD'S management of its acquisition workforce and organization, (2) DOD'S experience with commercial pricing of spare parts, (3) the effectiveness of DOD'S mentor-protege pilot program, and (4) federal agencies' use of multiple award task- and delivery-order contracts.

Download or read book The Standard for Earned Value Management written by Project Management Institute Project Management Institute and published by Project Management Institute. This book was released on 2020-04-13 with total page 260 pages. Available in PDF, EPUB and Kindle. Book excerpt: Earned value management (EVM) is a management methodology for integrating scope, schedule, and resources; objectively measuring project performance and progress; and forecasting project outcome. It is considered by many to be one of the most effective performance measurement and feedback tools for managing projects. The Standard for Earned Value Management builds on the concepts for EVM described in the Practice Standard for Earned Value Management and includes enhanced project delivery information, by integrating concepts and practices from the PMBOK® Guide – Sixth Edition and The Agile Practice Guide. A central theme in this standard is the recognition that the definition for value in EVM has expanded. While the term retains its traditional definition in terms of project cost, it embraces current practice by including the concept of earned schedule. This standard also integrates hybrid methodologies that blend together historical EVM concepts with the needs of the agile practitioner, all with an eye towards aiding the project team in enhancing overall project delivery. This standard is a useful tool for experienced project management practitioners who are seeking to expand and update their knowledge of the field as well as less experienced practitioners who want to learn other approaches for managing project performance. It provides insight and detailed explanations of the basic elements and processes of EVM, and demonstrates how to scale EVM to fit varying project sizes and situations. This standard includes graphical examples and detailed explanations that will enable the reader to establish and implement EVM on projects in almost any environment and of almost every size. When used together with good project management principles, EVM methodology will provide a greater return on any project and results that will directly benefit your organization.

Download or read book The Status of Financial Management Reform Within the Department of Defense and the Individual Services written by United States. Congress. Senate. Committee on Armed Services. Subcommittee on Readiness and Management Support and published by . This book was released on 2005 with total page 176 pages. Available in PDF, EPUB and Kindle. Book excerpt: