Time Is Money

Abstract

Program managers typically focus on controlling costs and delivering a quality product. The acquisition stool's 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 School's 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.

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Document Details

Document Type
Technical Report
Publication Date
Oct 01, 2013
Accession Number
ADA591328

Entities

People

  • Roy L. Wood

Organizations

  • Defense Acquisition University

Tags

Communities of Interest

  • Energy and Power Technologies
  • Ground and Sea Platforms
  • Materials and Manufacturing Processes
  • Space
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Business Administration
  • Contractors
  • Destroyers
  • Engineering
  • Fighter Aircraft
  • Governments
  • Management Personnel
  • Military Acquisition
  • Organizational Structure
  • Procurement
  • Program Management
  • Project Management
  • Scheduling (Production)
  • Systems Engineering
  • Systems Management
  • Uss Zumwalt

Fields of Study

  • Psychology

Readers

  • Defense Acquisition Program Management
  • Educational Psychology
  • Life Cycle Cost Analysis