Accession Number : ADA300687

Title :   Cost Management Competencies: The Importance and Frequency as Seen by the Financial Analyst.

Descriptive Note : Master's thesis,

Corporate Author : AIR FORCE INST OF TECH WRIGHT-PATTERSON AFB OH SCHOOL OF LOGISTICS AND ACQUIS ITION MANAGEMENT

Personal Author(s) : Pry, Diana E.

PDF Url : ADA300687

Report Date : SEP 1995

Pagination or Media Count : 134

Abstract : This research studied the application of cost management competencies in the financial management career field. The purpose was to determine how frequently these competencies are used by the financial analysts and how important they are in the analysts' work environment. To accomplish this research a mail survey was sent to 978 financial analysts across Air Force Materiel Command. Out of the 978 survey instruments sent 535 were returned with useful data, for a response rate of 54.7%. From these surveys, 24 of the 49 competencies were identified as being valuable to financial analysts. The 24 competencies provide a framework for future education of the financial analysts. Additionally, 19 of the 24 competencies require education to the comprehension level of learning. Only five of the 24 most valuable competencies required achievement of an application level of learning. This result may provide insight for course directors faced with the challenge of appropriately structuring cost analysis courses.

Descriptors :   *FINANCIAL MANAGEMENT, *COST ANALYSIS, *CAREERS, DEPARTMENT OF DEFENSE, MILITARY REQUIREMENTS, EDUCATION, SKILLS, JOB TRAINING, PERFORMANCE(HUMAN), THESES, AIR FORCE PERSONNEL, SURVEYS, QUALIFICATIONS, CIVILIAN PERSONNEL, PLANNING PROGRAMMING BUDGETING, MILITARY OCCUPATIONAL SPECIALTIES, PERCEPTION(PSYCHOLOGY), AIR FORCE PROCUREMENT, ANALYSTS, COST OVERRUNS, MANAGEMENT TRAINING, COMPREHENSION, MILITARY DOWNSIZING.

Subject Categories : Economics and Cost Analysis
      Personnel Management and Labor Relations

Distribution Statement : APPROVED FOR PUBLIC RELEASE