Program Objective Memorandum (POM) and Budget Solution

A joint solution from Cognos and BearingPoint

An efficient, transparent, accountable POM process can be an elusive target for defense organizations.

Cognos and BearingPoint are offering a new Web-based Program Objective Memorandum (POM) and Budget Solution designed to help defense staff manage and control disparate programming and budgeting processes. This solution lets defense agencies perform top-down and bottom-up planning, budgeting, and forecasting. It ensures that budgets are in line with specific targets and encourages better analysis of the costs needed to achieve these defined goals.

This solution helps defense staff and senior management:

• Efficiently create a POM or budget estimate
• Track changes across levels
• Prepare for review and submission
• Analyze trends across years, programs, and organizations
• Produce dynamic reports with hierarchical drilling capability
• Manage the process through a collaborative environment with narrative and audit trail ability
• Plan for the entire year and out years
• Rapidly incorporate revisions and re-submit modifications

An airtight POM and budget process helps defense agencies plan to meet strategy, stay on target, and concentrate on their ultimate goal: mission readiness.