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William R. Fast
Senior Lecturer, Acquisition
Graduate School of Business and Public Policy
Monterey, CA 93943
Phone: 831-656-3628
Email: wrfast (at)
Certificate - Capital Bible Seminary, 2004
Biblical Studies
Diploma - U.S. Army War College, 1996
Diploma - Defense Systems Management College, Program Management Course, 1991
Diploma - U.S. Army Command and General Staff College, 1987
MSSM - University of Southern California, 1979
Systems Management
BS - Iowa State University, 1975
Engineering Science
  • 09/2010 - Present: Naval Postgraduate School, Graduate School of Business and Public Policy (GSBPP); Senior Lecturer and Course Coordinator, MN3331/MN3221/MN3222/GE3221/GE3222 Principles of Acquisition and Program Management and MN3301 Acquisition of Defense Systems
  • 2006 - 2010: Defense Acquisition University, Capital and Northeast Region; Professor of Business, Cost Estimating, and Financial Management
  • 2004 - 2005: Advancing International Mission Strategies; Chief Operating Officer
  • 2001 - 2004: Office of the Assistant Secretary of the Army (Acquisition, Logistics, and Technology); Director of Plans, Programs and Resources; oversaw programming and budget execution for the Army's annual $22 billion Research, Development, Test and Evaluation and procurement appropriations
  • 1998 - 2001: Defense Contract Management Agency; Commander, DCMA Springfield (NJ)
  • 1996 - 1998: Office of the Assistant Secretary of the Army (Acquisition, Logistics, and Technology); Office of the Director of Acquisition Career Management; Proponent for Military Acquisition Officers; oversaw career development policies for 2400 Army Acquisition Corps officers
  • 1993 - 1995: U.S. Army Materiel Command; Product Manager for Automatic Test Support Systems; Base Shop Test Facility, Contact Test Set, and Electro-Optics Test Set
  • 1991 - 1993: U.S. Army Materiel Command; Pentagon Liaison, Support Systems Division, Office of the Assistant Secretary of the Army (Acquisition, Logistics, and Technology); oversaw requirements and funding for military and commercial trucks, watercraft, rail equipment, chemical and biological defense equipment, engineer equipment, and training systems
  • 1990 - 1991: U.S. Army Materiel Command; Aide-de-Camp to Commanding General
  • 1984 - 1986: U.S. Army Materiel Command; Office of the Program Manager Tank Systems; Assistant Project Manager for Derivative Vehicles; Armored Vehicle Launched Bridge, Combat Engineer Vehicle, M247 Sergeant York Air Defense Gun chassis, Mine Clearing Plow, and Mine Clearing Roller System.
  • Acquisition of Defense Systems (MN3301)
  • Financial Management for Acquisition Managers (MN3155)
  • Principles of Acquisition and Program Management (MN3331/MN3221/MN3222/GE3221/GE3222)
  • Financial Analysis and Cost Management (MN4354)
  • Acquisition Logistics
  • Budget Execution
  • Budget Formulation
  • Congressional Enactment
  • Contract Administration
  • Contractor Financial Management
  • Cost-Benefit Analysis
  • Cost Estimation and Analysis
  • Defense Acquisition Certification requirements and process
  • Defense Acquisition System
  • Financial Management
  • Earned Value Management
  • Integrated Product and Process Development (IPPD)
  • Joint Capabilities Integration and Development System (JCIDS)
  • Manufacturing Management
  • Planning, Programming, Budgeting, and Execution (PPBE) process
  • Quality in Production
  • Procurement Process
  • Prototyping
  • Risk Management
  • Scheduling and Schedule Management
  • Software Acquisition Management
  • Source Selection Process
  • Systems Engineering
  • Technology Readiness Assessments
  • Test and Evaluation Management
  • 2009 - Hirsch Research Paper First Place Award, Defense Acquisition University Alumni Association
  • Member, American Society of Military Comptrollers
  • Member, Association of the United States Army
  • Member, Military Officers Association of America
  • Teaching Innovations Committee, GSBPP, NPS
  • Trombonist, Del Monte Brass, NPS
  • Principal Publications and Presentations (last five years)
  • Peer Reviewed Journal Articles:
    • Fast, W., "Improving Defense Acquisition Decision Making," Acquisition Review Journal, April 2010.
    • Fast, W., "What Ever Happened to Certification? The Acquisition Workforce Challenge: Winning the War for Talent," Acquisition Review Journal, April 2009.
  • Other Peer Reviewed Publications:
    • Fast, W., "Quantitative Risk Analysis of Deficient Contractor Business Systems," Proceedings of the 9th Annual Acquisition Research Symposium, May 16-17, 2012, Naval Postgraduate School, Monterey, CA.
    • Fast, W., "Factors Influencing the Effectiveness of Systems Engineering Training and Education in the Department of Defense," Proceedings of the 8th Annual Acquisition Research Symposium, May 11-12, 2011, Naval Postgraduate School, Monterey, CA.
    • Fast, W., "Improving Defense Acquisition Decision Making," Proceedings of the 7th Annual Acquisition Research Symposium, May 12-13, 2010, Naval Postgraduate School, Monterey, CA.
  • Other Intellectual Contributions:
    • Fast, W., "WSARA One Year Later," Defense AT&L Magazine, January-February 2011.
    • Fast, W., "A New Way to Start Acquisition Programs," Defense AT&L Magazine, January-February 2010.
    • Fast, W., "Integrating Business and Financial Management Functions," Defense AT&L Magazine, September-October 2008.
  • DOD Key Technologies:
    • 2a - Air Vehicles
    • 2b - Space Vehicles
    • 5 - Chemical and Biological Defense
    • 7 - Command, Control and Communications
    • 8 - Computing and Software
    • 9 - Conventional Weapons
    • 10 - Electronics
    • 13 - Human Systems Interface
    • 14 - Manpower, Personnel and Training
    • 15 - Materials, Processes and Structures
    • 16 - Sensors
    • 17a - Surface/Under Surface Vehicles - Ships and Watercraft
    • 17b - Ground Vehicles
    • 18 - Manufacturing Science and Technology (MS&T)
    • 19 - Modeling and Simulation

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