Cost-Benefit Comparison: A Method for Evaluation Proposed Changes to Defense Acquisition Procedures
AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF SYSTEMS AND LOGISTICS
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Defense acquisition procedures are changed with the intention of improving the method of acquiring defense products and obtaining better defense products. It is possible that some changes to improve defense acquisition procedures may preclude the adoption of those changes that are degrading to the defense acquisition process. This exploratory study identified a method of identifying, comparing, and analyzing the advantages and disadvantages of proposed changes to defense acquisition procedures. This method, named cost-benefit comparison, was developed following a review of the defense acquisition environment, and a review of existing evaluation tools and management theory. This research also resulted in the preparation of draft instructions for the implementation of a cost-benefit comparison program. In addition, examples of cost-benefit comparisons of potential changes to defense acquisition procedures were provided.
- Administration and Management
- Logistics, Military Facilities and Supplies