Page 25 - FCW, May 30, 2016

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Not Just an Acquisition Show
Make no mistake about it: Acquisition
is a vital factor in determining the success of government programs. But it would be a mistake to assume it’s the only factor.
It’s a common mistake, which is understandable. The financial risks associated with a given program are most visible during the acquisition process. It is easy to focus on how much a program is projected to cost, how much it is over budget, or how much money will be saved. Money has a way of getting our attention.
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Acquisition also entails a tangible process that invites constant revision. As we have seen over the last two decades, each change to procurement rules or processes creates new opportunities for further change. Acquisition experts are always discovering new ways to make the process more cost-effective or efficient. It’s like a smartphone, with a new model out on the street before you learn to use the old one.
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