US · guidance
BOP Program Statement 8510.03 § 1
PURPOSE AND SCOPE. To establish costing procedures for the
production process in Millennium, the integrated management
information system Federal Prison Industries (FPI) uses.
— Millennium uses a cost system composed of planned costs of
material and activity costs. The planned costs are
developed using engineering standards as a basis and
adjusted as conditions warrant. It is a system that permits
actual costs to be compared with planned costs promptly when
a job is completed to determine variances that can be
analyzed for production efficiency.
— Millennium is designed to aid in quoting, planning, costing,
scheduling, and controlling job orders. It is integrated
with the Material Management, Production, Sales &
Distribution and Finance & Controlling program modules.
This system further provides management with additional
tools to analyze and monitor the cost and performance of job
orders by using the production module.
History
PS 8510.03 dated 2003-07-31
Provenance
- Source
- bop.gov
- Retrieved
- 2026-09-20
- Edition
- bop-ps-2026-09-20
- Content hash
233fc8f315c94a2b3afc36dd47deaa8ba29b0a8b1ae7c92feeda8817542c2ced
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