Accession Number:

AD1016330

Title:

The Changin Program and Business Financial Manager Roles

Descriptive Note:

Journal Article

Corporate Author:

Office of the Under Secretary of Defense for Acquisition, Technology and Logistics Washington United States

Personal Author(s):

• Sylvester,Richard K.

Report Date:

2008-10-01

Pagination or Media Count:

3.0

Abstract:

A major change is the military equipment valuation and accountability MEVA initiative, which is an ongoing Department of Defense-wide effort to establish and maintain accurate and relevant financial accountability for the departments military equipment. It is critically important to understand the cost basis for military equipment so DoD knows how much the taxpayer has already invested and where new investments are needed to respond to current and emerging requirements. Capturing this information requires a significant transformation from how DoD has done business in the past. The success of the departments efforts begins with and depends heavily upon its program and business financial managers.

Descriptors:

• military equipment
• financial management
• life cycles
• military acquisition
• procurement
• program management
• investments
• national security

Subject Categories:

Distribution Statement:

APPROVED FOR PUBLIC RELEASE