Accenture to design analytics system to track defense spending
- By Defense Systems Staff
- Jan 24, 2013
Accenture Federal Services has won an eight-month contract to furnish a master blueprint for an automated system to help the Defense Contract Management Agency track trillions in defense spending, the company said Jan. 24.
Under the contract, Accenture will incorporate in its design a method of analytics for DCMA's Earned Value Management Center designed to improve work flow and streamline reporting so that DCMA can focus on improving efficiency and addressing the backlog of reviews that currently are done by manual processes.
The company's analytics program will be designed to enable auditors to pull information from various sources to determine a contractor’s compliance with required guidelines and standards. Once the information is obtained, auditors will be able to share it with regional field offices, program managers and Defense Department executives. The reviews will be tracked, monitored and reported to DCMA through a web-based portal.
Part of DCMA's mission is to ensure that defense contractors in the United States and abroad report their costs and schedules accurately using the highest standards for earned value management established by the National Defense Industry Association.