What are Exit Criteria in the context of acquisition phases?

In the context of acquisition phases, exit criteria are defined as the program-specific accomplishments necessary for transitioning from one phase of the acquisition process to the next. These criteria act as checkpoints that ensure a program meets essential objectives and performance metrics before moving forward. By establishing clear exit criteria, stakeholders can assess whether the program has sufficiently demonstrated its viability, capability, and readiness for the subsequent stage, thus minimizing risks and ensuring that resources are utilized effectively.

This focus on program-specific accomplishments is critical, as it allows for objective evaluations of progress and decision-making based on tangible results rather than assumptions or projections. It ensures that only those programs that have successfully met defined standards are allowed to progress, reinforcing accountability and standards in the acquisition process.