The fundamental basis of Department of Defense (DoD) acquisition management is the process of effectively translating technological opportunities and the needs of the warfighter into reliable, affordable, and sustainable systems (Brown, 2010). Ultimately, there are many aspects of the acquisition process that enable this to happen, but contract planning and management is the most vital for a successful acquisition. Therefore, in the decades to come, training and developing a quality workforce will become increasingly important to strengthen each component and develop a culture that holds trust of the American people.
The principle of DoD acquisition management is to develop an investment strategy which not only aids the current forces, but …show more content…
First, the Joint Capabilities Integration and Development System identifies requirements and determines joint warfighter needs. Second, Planning, Programming, Budgeting & Execution is the resource (funds) allocation process. Finally, the Defense Acquisition System is used for developing and/or purchasing the requirement. These three work in conjunction with each other, and while each piece has its own distinct function and works independently from one another, they must overlap and collaborate at times to make an acquisition …show more content…
The requirements are to be determined feasibly after carrying out an extensive analysis as the expenses included are very large. It can be seen that the technological model developed needs to have a prototype and the actual implementation of the plan can be executed only after testing this prototype model. And because technology evolves exponentially, continual education on the latest technology can be invaluable for contracting professionals to make sound business decisions for a requiring agency and plan the acquisition accordingly
Acquisition management is a complex process which requires many components to do their job effectively to make each one a success. Additionally, the different operations of the DoD carried out by the acquisition management activity requires proper contract planning and management, as well as structuring of the investment and funds obtained by the government. It is a process which demands continuous improvement throughout its training and execution leading to sustainable development in the years to
The principle of DoD acquisition management is to develop an investment strategy which not only aids the current forces, but …show more content…
First, the Joint Capabilities Integration and Development System identifies requirements and determines joint warfighter needs. Second, Planning, Programming, Budgeting & Execution is the resource (funds) allocation process. Finally, the Defense Acquisition System is used for developing and/or purchasing the requirement. These three work in conjunction with each other, and while each piece has its own distinct function and works independently from one another, they must overlap and collaborate at times to make an acquisition …show more content…
The requirements are to be determined feasibly after carrying out an extensive analysis as the expenses included are very large. It can be seen that the technological model developed needs to have a prototype and the actual implementation of the plan can be executed only after testing this prototype model. And because technology evolves exponentially, continual education on the latest technology can be invaluable for contracting professionals to make sound business decisions for a requiring agency and plan the acquisition accordingly
Acquisition management is a complex process which requires many components to do their job effectively to make each one a success. Additionally, the different operations of the DoD carried out by the acquisition management activity requires proper contract planning and management, as well as structuring of the investment and funds obtained by the government. It is a process which demands continuous improvement throughout its training and execution leading to sustainable development in the years to