Time Is Money
DEFENSE ACQUISITION UNIV FT BELVOIR VA
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Program managers typically focus on controlling costs and delivering a quality product. The acquisition stools third leg program schedule appears to be a resource that can be slipped to accommodate unstable funding or technical difficulties. Despite studies linking high program cost and long schedules, few major defense acquisition programs are completed in less than a decade. Programs with longer schedules experience further schedule slips, exacerbating the problem. This article is based on research presented at the 2012 Naval Postgraduate Schools 9th Annual Research Symposium. It includes a review of the extant literature on cost and schedule relationships, presents analysis of a survey of program manager perceptions and master schedule usage, and examines why schedules may be problematic to acquisition success.
- Administration and Management
- Economics and Cost Analysis