GB4555 Defense Resources Management Part 2

The DRMI offers a two-part executive level course on defense resources management that provides the foundation with which to increase defense performance and affordability. This is part two of the course and focuses on the application of analytical frameworks that enhance the students' competence at recognizing and evaluating costs, benefits, effectiveness, and other factors influencing decision making for defense resource allocation; and provide an overview of important programming and budgeting processes that occur during the allocation cycle. Further, the course includes capstone exercises that illustrate trade-offs that must be made among competing alternatives at both the strategic and operational levels of defense organizations. Students will understand cost, cost-benefit, and cost-effectiveness assessments; the roles of cost, effectiveness, risk, and time (availability) in decision making; interactive decision making; and defense resource management systems and the role of program budgeting and structure, data organization and collection, and documentation and necessary building blocks for making resources management tradeoffs. By the end of the course, participants will be able to clearly define and evaluate the relationship among national security objectives, defense strategies, program alternatives/capabilities, and their budgetary resource requirements.

In addition to providing the course for DRMI credit, students in the GSDM Graduate Certificate in Financial Management program may take the two-part course for credit to satisfy one of three required courses.

Prerequisite

GB4554

Lecture Hours

3

Lab Hours

3

Quarter Offered

  • As Required

Outcomes

  1. To develop a broad-based analytical framework for defense decision makers emphasizing the economic and efficient allocation of scarce defense resources to competing mission areas.
  2. To provide an environment for the comparative exchange of ideas on defense resources management.
  3. To clearly define and evaluate the relationship among national security objectives, defense strategies, program alternatives/capabilities, and their budgetary resource requirements, focusing on cost, effectiveness, risk, time, and interactive decision making.