Federal Procurement System Performance Measurement and Acquisition Workforce Training Act of 1998

[AI summary unavailable — showing source text] Federal Procurement System Performance Measurement and Acquisition Workforce Training Act of 1998 - Amends the Office of Federal Procurement Policy Act to direct the Administrator of the Office of Federal Procurement Policy to establish a system for measuring the performance and effectiveness of the Federal procurement system and each of its elements. Requires the performance standards to be structured: (1) to enable the Congress, the Office of Federal Procurement Policy, and the heads of executive agencies to track progress of achievement of acquisition reform objectives on a Government-wide basis and to gauge the effectiveness of the procurement system in supporting the accomplishment of the mission of such agencies; and (2) to benchmark the performance of such agencies against the performance of private and public sector procurement operations. States that the objective of procurement performance measurement system shall be to use the performance data to improve executive agency acquisition practices and policies in order to enhance support for the accomplishment of the mission of such agencies. Directs the head of each executive agency for which more than half of the funds appr…