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Frontier Technology, Inc. Wins $1M USAF Contract 11/29/05 Frontier Technology, Inc. (FTI) announced award of an Air Force Research Laboratory (AFRL) research contract for Lean Project Management. This research focuses on an issue in many development projects: Unrealistic project schedules for system and technology acquisitions. These unrealistic schedules can lead to poor investment decisions, a significant issue that has been highlighted by high-level officials within the Department of Defense and supporting industry. The result of this research will be training acquisition managers to make more effective investment decisions based on FTI’s training and advanced computer tools. FTI will develop innovative techniques to plan, manage and execute development projects. This research will apply the principles of “Lean Project Management” to programs within the DoD acquisition environment. Applying “lean techniques”, such as Critical Chain Project Management, may be the most promising approach available today to reduce development cycle time and cost of critical system development projects. With tools provided from this research, and knowledge gained to create an improved investment decision space, project managers can more effectively plan and execute system acquisition projects to support the warfighter. Frontier Technology, Inc. (FTI), a nation-wide small business with offices in Reston, VA, Dayton, OH, Beverly, MA, Colorado Springs, CO, and Santa Barbara, CA. |
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