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Download The Financial Portion of a Management Information System Pdf

The Financial Portion of a Management Information System false
By:Frederick S. Pardee
Published on 1961 by


This memorandum suggests that an operational financial system should include: A capability to prepare and present summary force structure costs showing cradle-to-grave implications by research and development, investment, and opera tion for alternative major mission or overall force mixes. A series of cost sensitivity curves on each major weapon system showing the financial implications of alternative design and operational concept characteristics and financial studies of alternative con-system programs, particularly in the basic and applied research areas. Descriptive data sufficient to make the sensitivity studies and force mix analyses meaningful. A carefully designed data accumlation procedure composed of consistent classification which are increasingly agregated for each ascending management level. An estimating relationship research activity whose function is converting basic cost data into build ing blocks convenient for use in preparing cradle to-grave costs for a wide variety of alternatives, and a status review capability to permit compari son of progress against the plan, adequate not only to assure fiduciary responsibility but also to assure efficient actual physical project execution within estimated costs. (Author).

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