What is the purpose of the Acquisition Strategy?

The purpose of the Acquisition Strategy is fundamentally about outlining how a program will be developed, produced, and sustained throughout its lifecycle. This strategic document serves to define the approach for acquiring the necessary resources, capabilities, and technologies to meet the program’s objectives. It encompasses considerations such as the selection of contract vehicles, integration of lessons learned from previous acquisitions, risk management strategies, and the overall alignment with organizational goals.

The Acquisition Strategy is essential for ensuring that all stakeholders have a clear understanding of how the program will be executed, which includes not only the developmental phase but also the production and sustainment phases. By having a comprehensive strategy, program managers can effectively communicate the pathway to achieve desired outcomes and ensure that resources are allocated efficiently.

Other options, while relevant in their own contexts, do not capture the comprehensive purpose of the Acquisition Strategy. For instance, detailing marketing strategies or providing budget estimates are typically part of broader project management practices but do not reflect the specific, holistic approach of the acquisition process itself. Similarly, establishing timelines for program reviews is a component of project management rather than the overarching strategy that informs how the acquisition process will unfold.