Selection of the solution. The Joint Resources Council determines whether to initiate a new acquisition program and selects the solution at the investment decision, based on information in the Investment Analysis Report. The selection and commitment to full funding of a solution by the Joint Resources Council initiates an acquisition program. The lifecycle process then moves into solution implementation, with resources and management responsibility assigned to the appropriate Integrated Product Team. Approves an action plan that defines the cost, schedule, activities, and documentation required to mitigate risk and better define requirements in preparation for a final investment decision.
Investment analysis is a joint enterprise by the sponsoring and providing organizations.
Each specific analysis is performed by an ad hoc Investment Analysis Team established by the investment analysis staff in conjunction with the sponsoring and providing organizations. The line of business with the need defines agency requirements for the Requirements Document, and ensures top-level requirements are achievable by candidate solutions. The investment analysis staff leads the analytical effort, and is responsible for the quality of the Investment Analysis Report. This staff also develops and refines procedures, techniques, databases, and tools for investment analysis, and ensures a thorough, consistent, and predictable analytical approach for each analysis. The Associate Administrator of the sponsoring line of business approves the initial and final Requirements Document, respectively.