Manage Toward Success - Utilization of Analytics in Acquisition Decision Making
DEFENSE ACQUISITION UNIV FT BELVOIR VA
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Large information technology IT projects such as Defense Business System DBS acquisitions have been experiencing an alarming rate of large cost overruns, long schedule delays, and under-delivery of specified capabilities. There are strict defense acquisition lawsregulationspoliciesguidance with an abundance of review and oversights, generating a plethora of data and evidence for project progress. However, with the size and complexity of these large IT projects and sheer amount of project data they produce, there are challenges in collectively discerning these data and making successful decisions based on them. This research article develops an analytic model with Bayesian networks to orient the vast number of acquisition data and evidence to support decision making, known as the DBS Acquisition Probability of Success DAPS model.
- Administration and Management
- Statistics and Probability
- Operations Research