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1.5 Key Attributes (Revised 09/1999)

The Acquisition Management System embodies seven key attributes considered essential for achieving good acquisition management. The seven attributes are:

  • Effectiveness - the timely and cost-effective acquisition of products and services that work well for the customer.
  • Flexibility - the ability to make good decisions based on best practices for particular circumstances rather than rigid adherence to standard procedures.
  • Efficiency - simple processes and a competent workforce that achieve good decisions without undue oversight or waste of resources.
  • Checks and balances - a system of program boundaries and monitoring techniques that identify and correct problems before they become unmanageable.
  • Assurance of balance - a healthy tension between the pull of requirements and the push of technology that enables the agency to best satisfy mission needs within realistic resource constraints.
  • Public trust - fairness and trust achieved through open and honest communications with industry, the aviation community, and the public.
  • Continuous process improvement – the systematic ongoing activity to improve the capability, efficiency,and effectiveness of agency processes