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.
In part 1 of this blog post, we explored the importance of financial analysis as well as some of the major tools available for Federal acquisition professionals. Here in part 2, we will see how these tools are used in three Federal acquisition and acquisition support processes: Acquisition Review Process (ARP); Planning, Programming, Budgeting and Execution (PPBE); and Capital Planning Investment Control (CPIC). [Read more...]