Definitions

The definitions listing contains only those definitions that are not included in the AMS document (Appendix E).

Baseline Changes: Significant changes to, or breaches of, the baseline (cost, schedule, performance, benefits) (program growth) that cause a need for a "mini" investment analysis and an investment decision by the JRC.

Budget Cycle: the three years currently in process or being planned (the current year, budget year, and budget year +1).

CIP Cycle: a five year capital investment planning period.

Investment Analysis Plan (IAP): a plan developed by the Investment Analysis Team and approved by the Director, Investment Analysis Staff, initiated during the investment analysis phase for each new mission need. It provides the participants, roles, schedule, alternatives, and resources required for conducting a particular investment analysis process in a timely and efficient manner.

Investment Analysis Staff: the IAS resides in ASD-400 (Investment Analysis and Operations Research). It assists and oversees the work of all the investment analysis teams, is responsible for all investment analyses, and is responsible for developing the tools, techniques, and databases to ensure quality performance of investment analysis on behalf of the JRC. The Director, IAS is the Director, Investment Analysis and Operations Research, ASD-400.

Investment Analysis Team: an IAT is assembled ad hoc and for a relatively short time period for each specific investment analysis (i.e., how best to meet a particular mission need), drawing experts from IPTs, sponsor organizations, the IAS, and other organizations to conduct the detailed analysis of alternatives leading to the selection and recommendation of a preferred acquisition solution.

Net Present Value (NPV): the discounted present value of benefits minus the discounted present value of costs. If the results are positive (i.e., benefits minus costs are greater than zero) the project is financially beneficial.

System Engineering/Operational Analysis Team (SEOAT): composed of representatives from all sponsors, ASD, and IPTs, and essentially mirrors the major organizations represented on the JRC. Performs affordability assessments and identifies funding offsets within the investment analysis process. Also has responsibility for affordability assessments of cost growth to existing programs.

Acronyms

Below is a comprehensive list of acronyms used within this manual and may duplicate acronyms included in the AMS document (Appendix F):

AMS Acquisition Management System

APB Acquisition Program Baseline

CIP Capital Investment Plan

COTS Commercial Off-the-Shelf

EAC Estimate at Completion

FAA Federal Aviation Administration

FAE FAA Acquisition Executive

FBCN Financial Baseline Change Notice

FT Facility Team

IAP Investment Analysis Plan

IAR Investment Analysis Report

IAS Investment Analysis Staff

IAT Investment Analysis Team

IOC Initial Operational Capability

IPT Integrated Product Team

JRC Joint Resources Council

LOB Line of Business

MNS Mission Need Statement

NAILS National Airspace Integrated Logistics System

NAS National Airspace System

NCP NAS Change Proposal

NDI Nondevelopmental Item

NLT Not Less Than

NPV Net Present Value

NTE Not to Exceed

OMB Office of Management and Budget

P³I Pre-planned Product Improvement

RD Requirements Document

SEOAT System Engineering/Operational Analysis Team

TBD To Be Determined

WBS Work Breakdown Structure