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Tell Me about Your Lemonade StandAt STARSYS, we execute many Firm Fixed Price (FFP) programs for the development of mechanical systems for spacecraft. Contracting this way pre-suppose that we have the ability to establish and hold scope for a system that has yet to be defined. To do FFP, it is critical that we have program managers who are masters at cost control. Fortunately, we have some "masters" in our company. They just seem to have a knack for driving to a financial target. Doesn't matter if the program has contingency or not. Doesn't seem to matter if they use MS Project, Excel spread-sheets, or the back of an envelope. Doesn't even seem to matter whether the program is set up as a financial challenge or a winner.
Document ID
20040084508
Acquisition Source
Headquarters
Document Type
Reprint (Version printed in journal)
Authors
Tibbitts, Scott
(Starsys Research Corp. Boulder, CO, United States)
Date Acquired
August 21, 2013
Publication Date
June 1, 2004
Publication Information
Publication: ASK Magazine, No. 18
Subject Category
Administration And Management
Distribution Limits
Public
Copyright
Work of the US Gov. Public Use Permitted.
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