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NASA SEWP was the first GWAC in the Federal Acquisition arena and the original contract was awarded in 1993. SEWP II was awarded in 1996, SEWP III in 2001, SEWP IV in May 2007 [13] and SEWP V in May 2015. [3] SEWP VI is scheduled to begin May 2025. [14]
A GWAC is not necessarily restricted to the agency that runs it (see the article on SEWP as an example). All IDIQs, including GWACs, are regulated by FAR, a set of rules and regulations that must be followed by federal agencies and resellers of goods and services (known as Contract Holders) to the government in the procurement process. [3]
Among other things, the value of Ke and the Cost of Debt (COD) [6] enables management to arbitrate different forms of short and long term financing for various types of expenditures. Ke applies most prominently to companies that regularly generate excess capital (free cash flow, cash on hand) from ongoing operations.
Definition Action that Put something into practice [1] Baked in Something which has been "baked in" is implied to be impossible to remove. Alternatively, "baked in" can refer to a desirable, although non-essential, property of a product being incorporated for the user's convenience. Boil the ocean Undertake an impossible or impractical task [1]
Business management – management of a business – includes all aspects of overseeing and supervising business operations. Management is the act of allocating resources to accomplish desired goals and objectives efficiently and effectively; it comprises planning, organizing, staffing, leading or directing, and controlling an organization (a ...
Corporate speak is associated with managers of large corporations, business management consultants, and occasionally government. Reference to such jargon is typically derogatory, implying the use of long, complicated, or obscure words; abbreviations; euphemisms; and acronyms.
Project management office: The Project management office in a business or professional enterprise is the department or group that defines and maintains the standards of process, generally related to project management, within the organization. The PMO strives to standardize and introduce economies of repetition in the execution of projects.
Business performance management (BPM) (also known as corporate performance management (CPM) [2] enterprise performance management (EPM), [3] [4] organizational performance management, or performance management) is a management approach which encompasses a set of processes and analytical tools to ensure that an organization's activities and output are aligned with its goals.