Acquisition Management Policy - View selected sections

Acquisition Management Policy _{(Revised 11/2009)}

2.4.2 : Initial Investment Decision _{(Revised 11/2009)}

2.4.2.1 : Entrance Criteria _{(Revised 11/2009)}

2.4.2.2 : Investment Decision Authority Actions _{(Revised 11/2009)}

2.4.2 : Initial Investment Decision _{(Revised 11/2009)}

The investment decision authority selects the best alternative for implementation at the initial investment decision, based on information in the business case analysis report and preliminary Exhibit 300 (designated programs only), or rejects the alternatives and specifies what action is needed. In making the decision, the investment decision authority uses the following standard selection criteria when determining which solution best contributes to FAA strategic and performance goals: benefits, lifecycle cost; benefit to cost ratio; consistency with the enterprise architecture; impact on flight plan goals, and risk. When technology is not mature or when requirements are not well-defined, the investment decision authority approves such action as research, analysis, or development rather than final investment analysis. Investment decision authority members agree on how each organization will support final investment analysis. Commitments are recorded in the plan for final investment analysis.

2.4.2.1 : Entrance Criteria _{(Revised 11/2009)}

The following are required at the initial investment decision:

Updated program requirements document;
Business case analysis report;
Preliminary Exhibit 300 and scoring results (designated programs only);
Initial implementation strategy and planning document;
Updated enterprise architecture products and amendments;
Plan for final investment analysis.

2.4.2.2 : Investment Decision Authority Actions _{(Revised 11/2009)}

The investment decision authority (see Table 1.2.5-1):

Selects the alternative to be implemented or rejects the alternatives and specifies what action is needed;
Approves the preliminary Exhibit 300 (designated programs only);
Approves entry into final investment analysis;
Approves funding for any analytical or developmental work related to the selected alternative;
Designates the service organization to lead final investment analysis and be responsible for solution implementation.