Today, at my direction, we are transforming and reorganizing the existing program executive offices or PEOs, into portfolio acquisition executives or PAEs. The acquisition chain of authority will run directly from the program manager to the pae. Each PAE will be the single accountable official for portfolio outcomes and have the authority to act without running through months or even years of approval chains. And they'll be held accountable to deliver results. Now, these PAEs will be empowered with the authorities to make decisions on cost, schedule and performance trade offs that prioritize time to field and mission outcomes. (29:10–29:22)
CLAIM
Asserts that PAEs will have authority to act without lengthy approval processes.
This is an excerpt from a raw transcript. The assertions have not been audited or verified. Tap the video to view the source footage and understand the context.
