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Original Post Date: Thursday, April 30, 2009 It's finally Spring!  And along with the leaves on the trees, the beautiful flowers and the happy chirping birds.... it is once again Baseball Season.  Baseball season is a beautiful thing - and not just because, as a resident of South Jersey, my team is the 2008 World Champion Phillies.  I just love the game and everything about it.  I believe this is because with baseball the impossible becomes possible because anything can (and will) happen and with a good plan in place you can still be successful. I didn't always love baseball.  ...
Original Post Date: Tuesday, March 17, 2009 Doing business with the Department of Defense (DOD) requires that you have disciplined company governance in specific areas as noted in the Defense Federal Acquisition Regulations (DFARs). In particular, DFARs 215.811 and 252.215-7003. DFARs 215.811 requires all DOD contractors, large and small, have adequate estimating systems to support their proposals. As part of a regulatory oversight requirement, the Defense Contracts Audit Agency (DCAA) will periodically perform contractor estimating system reviews. If you are a large defense contractor, you can expect your estimating system to be reviewed routinely. Smaller defense contractors can be audited ...
Original Post Date: Monday, March 9, 2009 The US Department of Defense (DOD) continues to be plagued with cost overruns on major weapons systems.  Last month Senators Carl Levin (D-Mich) and John McCain (R-Ariz) introduced the 2009 Weapon Systems Acquisition Reform Act intended to put measures in place to force the DOD to address the issues that cause overruns and schedule slippage.   Among other things,  this legislation would create the position of Director of Independent cost assessment for Major Defense Acquisition Programs (MDAPs) and require the DOD to perform trade-offs between cost, schedule and performance early in the program lifecycle. ...
Original Post Date: Friday, March 6, 2009 Barak Obama's 2010 U.S. Federal Budget proposal promises a "New Era of Responsibility", and in the introduction he says,  "...we must begin the process of making the tough choices necessary to restore fiscal discipline, cut the deficit in half by the end of my first term in office, and put our Nation on sound fiscal footing." Tough choices indeed. Therein lies the greatest challenge.  With the best intentions, our government tries to do good things, but always starts more projects than it can afford.  And often the expected "value" of an initiative is never fully vetted before a project is ...
Original Post Date: Wednesday, February 25, 2009 Author Nassim Taleb describes a Black Swan as an unexpected event that ultimately leads to what best can be described as a paradigm-shift. In his book, The Black Swan, he includes 9/11, the rise of the Internet, Google and the personal computer as Black Swan events. We could not have predicted those events but they have had a huge impact on us. Even positive Black Swans can be a source of frustration. Since so few people are prepared for them, it becomes impossible to profit from them. The group that is most frustrated by ...
Original Post Date: Friday, February 6, 2009 Last week I was asked to participate in Career Day at my son’s elementary school.  I was both honored and humbled.  Honored because the school felt that my career was something the children would be interested in and humbled because I was forced to concoct a story that would make cost estimating and analysis both understandable and interesting to children from kindergarten through grade eight.  Fortunately the format was such that I presented to each grade individually so at least I did not have to come up with one story to address ...
Original Post Date: Monday, February 2, 2009 In a seminal RAND Corporation report, Bureaucracy Does Its Thing, author and former CIA agent K.W. Komer promotes the idea that the mindset of America’s institutions led to problems in Vietnam. His thesis is that the bureaucracies of the U.S. were fixated on fighting the Vietnam War according to how the bureaucracies had prepared and organized instead of in manner that the situation required. As I read the stimulus package before Congress, I see a focus on the idea that new technology will create jobs. Yet I also have read that Governor Schwarzenegger ...
Original Post Date: Thursday, January 22, 2009  Like many others, I was astonished last Thursday by the images on my browser of those 155 extremely lucky people standing in the Hudson River.  And they certainly were very lucky last Thursday.  If you’re destined to fly on a flight bound for collision with birds, you want it to be piloted by a hero like Captain Sullenberger.  The incident made me think about what a hero is and how we all have the opportunities to be heroic in our chosen professions. According to Wikipedia, a hero refers to a character that, in ...
Original Post Date: Tuesday, January 20, 2009 Today, change is in the air.  As I write this, Barack Obama is about to be sworn in as our new U.S. President and the space community, among others, should be braced for change.  A recent LA times article reported that of the 74 questions asked of NASA by the Obama transition team, over half were on basic spending issues, including cost overruns. The Obama team and the NASA Administrator Michael Griffin clearly do not see eye-to-eye.  Monday, it was announced that Mr. Griffin will step down from the post.  Griffin characterizes himself as an ...
Original Post Date: Tuesday, December 30, 2008 It seems that, even in the midst of billions of dollars of bailout funds, the federal government is taking accountability a little more seriously.  Politics aside, the government is making the effort to ensure that every dollar spent is an investment rather than waste.  As we all know, industry follows the lead of government.  We see this effort for accountability in a recently introduced Senate resolution (that will be re-introduced in the next Senate), S. 3384. The Information Technology Investment Oversight Enhancement and Waste Prevention Act of 2008 was sponsored by Sen. ...