Why is acquisition planning conducted?

Acquisition planning is essential because it focuses on understanding and satisfying the needs of the customer in terms of cost, quality, and timeliness. This process ensures that resources are allocated efficiently, requirements are clearly defined, and that contracts are structured to meet the objectives of the project. By prioritizing these factors, acquisition planning helps to ensure that the final products or services delivered to the customer meet their expectations and requirements. Ultimately, this contributes to the overall effectiveness of the procurement process and fosters successful outcomes for both the government and contractors involved.