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Economic and Business Analysis

Underlying every problem that our clients face are economic choices and resource tradeoffs.  Booz Allen Hamilton offers structured methodologies and proven analytics that deliver the decision-ready information clients need to:

• Make sound investment and procurement choices
  
• Justify funding, manage budgets, and manage costs
  
• Control programs, analyze performance, ensure compliance, and mitigate risks

Economic and Business Analysis offers clients capabilities and services drawn from three major areas:  Applied Economic Analysis (AEA), Integrated Financial Resource Management (iFRM), and Quantitative Management Controls (QMC):

• Our AEA professionals support the DECIDE function of the money management life cycle, focusing on optimizing capability development and acquisition decisions. 
• Our iFRM professionals support the DECIDE, FUND, and CONTROL functions of the money management life cycle, focusing on fiscal planning, budgeting, and execution; improvements and compliance in business operations across the program life cycle; identification and remediation of financial and operations risk; and strengthening of internal controls.
• Our QMC professionals support the CONTROL function of the money management life cycle, focusing on contracting, earned value management, and performance reporting.

Combining the specialized functional sub-capabilities within these three core capability groups, our analysts deliver a full spectrum of robust services to department and agency verticals to assist clients in making sound choices across the entire life cycle of programs and projects.

We offer clients targeted, customized services designed to meet all their program and project needs no matter how complex (or simple), drawing from the broad range of capabilities and sub-capabilities within each of our three core capability groups. Our suite of services includes Portfolio Strategy, Data Analytics, Risk Management Analytics, Complex Scheduling and Earned Value Management Program Controls, Cost Estimation and Analysis, Investment Analysis, Economic Analysis, Financial Management Process and Systems Improvement, Financial Management Operations, Program Performance and Risk Mitigation, Contracting and Procurement Strategy and Execution.

Booz Allen staff hold leadership positions in and are members of many professional organizations, such as:

• Association of Government Accountants • American Economic Association • American Society of Military Comptrollers • American Institute for Certified Public Accountants and Institute of Management Accountants • Office of Management and Budget’s (OMB) Financial Systems Improvement Office (FSIO) and Line of Business (LOB) Initiatives • Project Management Institute (PMI) • Association for Advancement of Cost Engineering (ACCE) • National Contracts Management Association (NCMA) • International Society of Parametric Analyst (ISPA) • Certified Cost Estimator/Analysts (CCEA) • Society of Cost Estimating & Analysis (SCEA)

Our professional staff apply these and many other capabilities and services to issues, concerns, and problems in a broad array of domains, including defense, space, intelligence, financial, regulatory, transportation, environmental, aviation, health, energy, and security.  Within these domains, examples of investments that we have analyzed are IT software and hardware, real property and facilities, telecommunications, satellites and networks; and major weapon systems. The U.S. General Accounting Office (GAO) has twice cited our projects as industry best practices in performance-based contracting/acquisitions.

A significant percentage of our staff are certified and hold advanced degrees, including Certified Government Financial Managers, Certified Defense Financial Managers, Certified Public Accountants, Certified Cost Estimators/Analysts, Certified Project Management Professionals, MBAs, and Ph.D.s.

Additional Information

• Economic and Business Analysis (EBA)
• Analyzing Economic Impacts of Colorado’s Oil and Gas Industry—Study finds that state's oil and gas industry contributed $23 billion to the state's economy and employed 71,000 people