Lifecycle Phases and Decisions Icon

Final Investment Decision

AMS Policy Section 2.5.6 IconAMS Policy Section 2.5.6

The final investment decision authorizes an investment program to enter solution implementation, approves key program planning documents, and commits the agency to funding as specified in the acquisition program baseline.

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Decision Criteria

  • Lifecycle costs
  • Benefits
  • Benefit-to-cost ratio
  • Risk
  • Consistency with the FAA Enterprise Architecture
  • Impact on FAA strategic goals
  • Maturity of program planning and requirements

Decision Results

  • Establishes investment program for implementation
  • Delegates responsibility to the service organization
  • Approves key program documents (PRD, BC, ISPD, APB)
  • Commits agency to fund the approved program segment
  • Approves enterprise architecture products and amendments
  • Approves adjustments to FAA plans and budgets

Who Does It

Service organization or program office presents the results of final investment analysis.

JRC Secretariat manages the JRC decision-making process.

Who Approves

Joint Resources Council makes the final investment decision.

Note:The JRC may reject the recommendation of the service or program office and return the initiative for additional work or termination.

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