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MGT 5211 Procurement and Contract Management

Published : 31-Aug,2021  |  Views : 10

Question:

What would necessitate the Department of Defense (DoD) to have a structured, regulated, and robust acquisition system? 
 
What is the NCMA?

Answer:

What would necessitate the Department of Defense (DoD) to have a structured, regulated, and robust acquisition system? 

The Defense Acquisition System is established to administer the investments that are required in the field of technologies, programs, and product support, which is important in order to attain the National Security Strategy as well as support the United States Armed Forces. To have a structured, regulated and robust acquisition system the DoD need to have a strategic plan much like the strategic marketing plan of a business organization, keeping in mind all the factors that are going to be affected by the decision of acquisition. Patriotism and capitalism should have a balance in the thinking process while taking acquisition decisions as over all motive of the acquisition is the betterment of the national defense system. Another important prerequisite is the program manager an individual with the knowledge and experience who will manage the acquisition process (Glas & Essig, 2016).  

What is the NCMA?

Established in the year 1959, The National Contract Management Association (NCMA), is known as the world’s leading specialized resources for the ones who work in the sector of contract management. There are over 20,000 members of the institution and the organization is is focused on the growth and development of professionals along with training, skilled development and educational insight about the procurement and acquisition human resources worldwide. NCMA is dedicated to the advancement and development of the field of work it stands for so that it can give more and more chance to discuss and exchange ideas in the profession for the better understanding of the subject matter in an unbiased outlook (Home Page, 2017).

References

Glas, A. H., & Essig, M. (2016). Building a Conceptual Framework for Defense Acquisition Management Based on Service Dominant Logic Theory. Emerging Strategies in Defense Acquisitions and Military Procurement, 93.

Home Page. (2017). ncmahq.org. Retrieved 5 September 2017, from http://www.ncmahq.org/

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