Major Acquisitions: Significant Changes Underway in DoD's Earned Value Management Process.
GENERAL ACCOUNTING OFFICE WASHINGTON DC NATIONAL SECURITY AND INTERNATIONAL A FFAIRS DIV
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Despite the regularity with which defense acquisition programs have experienced cost overruns and schedule delays, the Department of Defense DoD does have an extensive system intended to provide program managers and others with early warnings of cost and schedule problems. In 1967, DoD issued a set of costschedule control system CS2 criteria that it required defense contractors to meet. However, it has become widely accepted by DoD and the defense industry alike that this process is in need of reform. This report addresses the problems facing the CS2 process, the progress DoD has made with reforms, and the challenges DoD faces in fostering and managing potentially significant changes.
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