It's Time to Take the Chill Out of Cost Containment and Re-energize Key Acquisition Practice
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Authors
Tremaine, Robert
Seligman, Donna
Subjects
Cost Management
Life Cycle Cost Management (LCCM), Cost Containment, Cost as an Independent Variable (CAIV), Performance Based Logistics (PBL), Cost Analysis Requirements Description (CARD), Earned Value Management (EVM), Technology Readiness Level (TRL)
Life Cycle Cost Management (LCCM), Cost Containment, Cost as an Independent Variable (CAIV), Performance Based Logistics (PBL), Cost Analysis Requirements Description (CARD), Earned Value Management (EVM), Technology Readiness Level (TRL)
Advisors
Date of Issue
2010-04-30
Date
30-Apr-10
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
Unless program managers (PM) tackle cost containment head-on, future weapon system acquisition successes may be jeopardized, resulting in fewer products and services to equip the nation''s warfighters. The United States can ill afford any decrease in its preparedness when the nation is currently waging war on two fronts. This research examines cost containment in the context of Total Life Cycle Cost Management. A more thorough understanding and aggressive application of cost-containment strategies could conceivably shift acquisition outcomes to a more cost-effective posture. Responding to a survey conducted as part of this research, 887 Department of Defense (DoD) acquisition professionals provided input on cost containment, including tool types and associated processes. Of those 887 respondents, 223 were current or former DoD PMs with over 11 years of experience''the primary basis of this research analysis.
Type
Technical Report
Description
Proceedings Paper (for Acquisition Research Program)
Series/Report No
Department
Acquisition Management
Other Research Faculty
Identifiers
NPS Report Number
NPS-AM-10-047
Sponsors
Naval Postgraduate School Acquisition Research Program
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.