TY - JOUR KW - defense acquisition KW - defense resource program management KW - de­fense capabilities KW - Economic Evaluation of Alternatives KW - EEoA KW - financial scenarios KW - life cycle cost KW - op­erational effectiveness AU - Venelin Georgiev AB -

The significant amount of financial resources, spent on modernizing the armed forces, the importance of acquired defense capabilities for implementation of defense missions and tasks, the limited amount of money for investments in defense are among the arguments supporting the implementation of effective and efficient methods for economic analysis in assessing acquisition projects. The application of new methods for economic analysis is a part of the process of innovation intended to give competitive advantages to strategic management in defense. The Economic Evaluation of Alternatives (EEoA) is a tool of defense resource management that focuses on the operational effectiveness and life cycle cost of alternatives within a set of scenarios representing budget limitations. The application of EEoA allows experts and decision-makers to create appropriate structures of any analysis of al­ternatives for acquisition projects in defense in a way that guarantees the achieve­ment of desired goals.

BT - Information & Security: An International Journal DA - 2010 DO - http://dx.doi.org/10.11610/isij.2510 LA - eng N2 -

The significant amount of financial resources, spent on modernizing the armed forces, the importance of acquired defense capabilities for implementation of defense missions and tasks, the limited amount of money for investments in defense are among the arguments supporting the implementation of effective and efficient methods for economic analysis in assessing acquisition projects. The application of new methods for economic analysis is a part of the process of innovation intended to give competitive advantages to strategic management in defense. The Economic Evaluation of Alternatives (EEoA) is a tool of defense resource management that focuses on the operational effectiveness and life cycle cost of alternatives within a set of scenarios representing budget limitations. The application of EEoA allows experts and decision-makers to create appropriate structures of any analysis of al­ternatives for acquisition projects in defense in a way that guarantees the achieve­ment of desired goals.

PY - 2010 SP - 99 EP - 112 T2 - Information & Security: An International Journal TI - Embedding Affordability Assessment in the Analysis of Alternatives in Defense Modernization Projects VL - 25 ER -