Financial Management as Practiced by the Air Force High Energy Laser Program.
Study project rept.,
DEFENSE SYSTEMS MANAGEMENT COLL FORT BELVOIR VA
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This presentation discusses the budget execution in an Advanced Development program, the Air Force High Energy Laser Program. The discussion centers on three areas, the funds management of the total program allotment for a given fiscal year, establishment of the program funding structure, and the evolution of the internal funds management of this particular program. The first section addresses the difficulty associated with tracking the financing requirements for a most dynamic Advanced Development program. The unique profile of required funds versus available funds is shown. The discussion, then, centers on the management actions that provide the best technical achievement in a restricted funding environment. The funding structure section discusses the importance of financial interface between the program office and the finance and accounting system and the importance of one reporting system throughout the Department of Defense. The last section addresses the selling of funds management to the technical management, the handling of internal budget reviews, the documentation of these reviews, and the payoffs.
- Administration and Management
- Lasers and Masers