No matter how products and services are being acquired, financial analysis can help in decision making to acquire the requirements in the best and most cost effective ways. Federal Government acquisition uses frameworks and processes that leverage several financial tools to maximize the value procured from the solution while decreasing the risk of wasted resources. …
Continue reading “Better Acquisition Decisions through Financial Analysis – Part 2”
Does this sound familiar? Mission and business owners define their requirements, “throw them over the fence”, and then the contracting and contractor community conduct activities to obtain and deliver the contracted solutions. But what about rapid changes in technology, short development time frames, reduced budgets, or greater complexity? These risks in execution lead to schedule …
Continue reading “Use the “A” Team for Integrated Acquisition Planning”
Imagine you’re an analyst who has recently joined a project team. Your job duties include generating large, complex program documents on tight deadlines. Producing poor quality deliverables will put your stakeholder’s schedule and budget at risk. You know accomplishing this task will require the input of various team members, many of whom are scattered across …
Continue reading “Best Collaboration Tools for Project Teams”
Your team may have spent hours and hours considering the program management, risk management and quality assurance issues involved in letting a new government contract. But have you pulled the key information about how that contract will be managed into a single plan? A Contract Management Plan (CMP) is one of the primary tools the …
Continue reading “With A Great Contract Management Plan, The Sky is the Limit”
You manage or are part of a project and decide to add additional features or functionality to the product or service you provide. You think it will please the customer and make the team look good. But what if it slows the project, adds costs or isn’t what’s needed? There is a proper and an …
With Labor Day weekend over, it’s full steam ahead for government agencies and those who support them. For some, telework will be part of the mix as teams manage the fiscal year-end rush. Recently I started supporting a federal agency where telework is encouraged and systems are in place to enable one or more days …
Continue reading “How to Make Telework Succeed for Your Team”
Congratulations! It’s your first day at your new job as a Program Manager (PM). The last few days have been a whirlwind. You got the call from your director that you had been selected to replace the PM for one of the smaller programs in the portfolio. The previous PM had been reassigned and you …
Continue reading “How an Integrated Master Schedule Can Avert Program Management Disaster”
This is sprinting season for any acquisition professional working on completing acquisition packages, negotiating offers and awarding the proposals. Contracting Officers (COs) should be proactive in doing all that needs to be done to ensure the requirements are awarded in a timely fashion. While each agency has its own internal policies and regulations, there are …
Continue reading “Ready, Set, Go… Cross the Acquisition Package Finish Line by Fiscal Year End”
In blackjack, there is a strategy known as doubling down, in which players double their bet to get one more card in addition to their two card hand. Doubling down increases players’ chances of winning, just like risk management increases the chances of success during a contract’s lifecycle. Risk is an inevitable part of any …
Continue reading “The Double Down Strategy of Contract Management Risk”
After the excitement of a newly awarded contract, comes the implementation of the winning proposal. Part of that is building the team to execute the plan and satisfy the contract requirements. But what if the whole team isn’t available on Day One, or the team is new to the sector? A common risk to staffing …
