Please use this identifier to cite or link to this item: https://dair.nps.edu/handle/123456789/2634
Title: System Dynamics and Management Science Approaches Toward Increasing Acquisition Process Efficiency
Authors: Jochim Block
Heinrich Buch
Bo Hu
Armin Leopold
Stefan Pickl
Keywords: System Dynamics Modeling
Public Private Partnership (PPP)
Interactive Decision Support
Web Tool for Project Contracting
Issue Date: 26-Jun-2015
Publisher: Acquisiton Research Program
Citation: Published--Unlimited Distribution
Series/Report no.: Public-Private Partnerships (PPPs)
UBM-AM-15-113
Abstract: Contracting has a significant impact on the acquisition process efficiency, especially in the context of so-called public private partnership (PPP). Improper contracts may cause significant delay and additional costs in project execution due to opportunistic behavior of private-sector suppliers. We present a system dynamics model combined with a web based management cockpit for project contracting and interactive decision support which can be used to train project purchasers showing that carefully designed contracts help to keep the project on schedule and bring benefits to both, to the governmental entities and the private-sector suppliers.
Description: Acquisition Management / Grant-funded Research
URI: https://dair.nps.edu/handle/123456789/2634
Appears in Collections:Sponsored Acquisition Research & Technical Reports

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