Accession Number : ADA330293

Title :   Final Report of the Process Action Team on Value Engineering Change Proposals

Descriptive Note : Final rept., Oct 96-Jul 97

Corporate Author : OFFICE OF THE UNDER SECRETARY OF DEFENSE (ACQUISITION AND TECHNOLOGY) WASHINGT ON DC

PDF Url : ADA330293

Report Date : JUL 1997

Pagination or Media Count : 132

Abstract : The DoD Value Engineering Change Proposal (VECP) Process Action Team (PAT) was chartered by the Principal Deputy Under Secretary of Defense for Acquisition and Technology on September 16, 1996, in response to reductions in the VECP savings reported in the DoD VE Annual Report. The objectives of the PAT were to identify and remove the impediments to the VECP and thereby improve the incentives for contractors to identify life cycle cost savings opportunities for the Government. The PAT analyzed the VECP process, the service implementing programs and the changes in the acquisition environment that may have contributed to the lower achieved savings. Initial results and proposed solutions were discussed with a spectrum of Program Managers and Defense contractors involved in systems acquisition and supply support of fielded systems. Preferred recommendations were identified and an Action Plan was developed.

Descriptors :   *COST EFFECTIVENESS, *MILITARY PROCUREMENT, *VALUE ENGINEERING, CONTRACTS, FINANCIAL MANAGEMENT, COST ANALYSIS, CONTRACTORS, LIFE CYCLE COSTS, DEFENSE INDUSTRY, SAVINGS, PLANNING PROGRAMMING BUDGETING, CONTRACT PROPOSALS, MILITARY BUDGETS, LIFE CYCLE MANAGEMENT.

Subject Categories : Economics and Cost Analysis
      Logistics, Military Facilities and Supplies

Distribution Statement : APPROVED FOR PUBLIC RELEASE