PEO (Program Executive Officer)
What is PEO (Program Executive Officer)?
A Program Executive Officer (PEO) is a high-ranking government official responsible for overseeing a portfolio of acquisition programs within a specific domain, often within the Department of Defense or other federal agencies. Understanding the PEO's role is crucial for government contractors seeking to win and execute contracts within these programs. Their influence shapes program requirements, funding priorities, and overall acquisition strategies.
Definition
PEOs are senior acquisition leaders who manage a group of related acquisition programs as a portfolio. They are responsible for the overall success of these programs, ensuring they meet their cost, schedule, and performance goals. PEOs have significant authority and responsibility, including the power to make key decisions about program direction, resource allocation, and contract strategies. They are typically supported by a staff of program managers, engineers, and other acquisition professionals. The establishment and authorities of PEOs are governed by DoD regulations, and are often tailored to the needs of other federal agencies. For government contractors, understanding the PEO's priorities, strategic vision, and risk tolerance is crucial for effectively positioning themselves for opportunities, crafting winning proposals, and successfully executing contracts.
Key Points
- Oversight Authority: PEOs have overarching authority over their assigned programs, making them key decision-makers on contract awards, modifications, and performance evaluations.
- Strategic Alignment: PEOs ensure programs align with the agency's broader strategic goals and objectives, influencing requirements and acquisition strategies.
- Risk Management: PEOs are responsible for identifying and mitigating risks associated with their programs, including technical, programmatic, and financial risks.
- Stakeholder Management: PEOs manage relationships with various stakeholders, including Congress, senior agency officials, and industry partners.
Practical Examples
- New Weapon System Development: A PEO for Army Aviation is responsible for overseeing the development and acquisition of a new attack helicopter, managing multiple contracts for airframe design, engine development, and weapons integration. Contractors must align with the PEO's technology roadmap and performance targets.
- IT Modernization Initiative: A PEO for a civilian agency like the Department of Homeland Security is managing a portfolio of IT modernization programs. A contractor bidding on a cloud migration project must demonstrate understanding of the PEO's cybersecurity requirements and data governance policies.
- Satellite Constellation Deployment: The Space Force might have a PEO overseeing the acquisition of a new satellite constellation for communication or surveillance. Contractors need to align with the PEO's launch schedule, orbital parameters, and data dissemination requirements to be successful.
Frequently Asked Questions
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