Coverart for item
The Resource A risk assessment methodology and Excel tool for acquisition programs, Lauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon

A risk assessment methodology and Excel tool for acquisition programs, Lauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon

Label
A risk assessment methodology and Excel tool for acquisition programs
Title
A risk assessment methodology and Excel tool for acquisition programs
Statement of responsibility
Lauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon
Creator
Contributor
Publisher
Subject
Language
eng
Summary
Implementing risk management principles to manage large defense acquisition programs is a priority for the U.S. defense acquisition community. To assist those decisionmakers responsible for identifying the risk associated with major weapons programs, RAND researchers developed a methodology and accompanying Excel, information-based risk tool (the 0́Assessor Tool0́+). The Assessor Tool offers an Office of the Secretary of Defense (OSD)-level approach to the evaluation and measurement of system integration risk. That is, it is meant for assessors, such as OSD personnel, who may not be especially familiar with the specific program under evaluation but still may need to make judgments about the program0́9s risk. It is based on a tractable and comprehensive set of questions that can help evaluate integration risk at each point in the acquisition process. More specifically, the tool enables users to see how well integration risk is being managed by providing a standards-based valuation of integration issues that can lead to cost growth, schedule growth, and program performance. The users0́9 manual for the Assessor Tool is available in a companion document, An Excel Tool to Assess Acquisition Program Risk (by Lauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon, TL-113-OSD, 2013). The Assessor Tool and its methodology may also be generalizable to an entire set of information-based risk assessment applications. Overall, the methodology and tool have many strengths, including being based on well-grounded theories, allowing for reproducibility and traceability, and the extensive flexibility to be used to evaluate risk for many different types of programs. To provide a benchmarking and validation of the risk scores calculated by the tool, future work could include the tool0́9s validation by tracking its output against a program0́9s performance
http://library.link/vocab/creatorName
Fleishman-Mayer, Lauren A.,
Dewey number
355.6/20973
Illustrations
  • illustrations
  • maps
Index
no index present
Literary form
non fiction
Nature of contents
  • dictionaries
  • bibliography
http://library.link/vocab/relatedWorkOrContributorName
  • Arena, Mark V.,
  • McMahon, Michael E.,
  • Rand Corporation
  • Acquisition and Technology Policy Center
  • Rand Corporation
  • United States
http://library.link/vocab/subjectName
  • United States
  • United States
  • Systems integration
  • Weapons systems
  • United States
Label
A risk assessment methodology and Excel tool for acquisition programs, Lauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon
Instantiates
Publication
Note
  • "RAND National Security Research Division."
  • "This research was conducted within the Acquisition and Technology Policy Center of the RAND National Defense Research Institute"--Preface
  • Title from title screen (viewed on October 24, 2013)
Bibliography note
Includes bibliographical references (pages 25-26)
Color
multicolored
Contents
Introduction -- Assessor Tool Methodology -- An Example Application of the Risk Assessor Tool -- Further Applications -- Conclusion
Control code
ocn869853577
Dimensions
unknown
Extent
1 online resource (44 pages)
Form of item
online
Isbn
9780833084804
Specific material designation
remote
System control number
(OCoLC)869853577
Label
A risk assessment methodology and Excel tool for acquisition programs, Lauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon
Publication
Note
  • "RAND National Security Research Division."
  • "This research was conducted within the Acquisition and Technology Policy Center of the RAND National Defense Research Institute"--Preface
  • Title from title screen (viewed on October 24, 2013)
Bibliography note
Includes bibliographical references (pages 25-26)
Color
multicolored
Contents
Introduction -- Assessor Tool Methodology -- An Example Application of the Risk Assessor Tool -- Further Applications -- Conclusion
Control code
ocn869853577
Dimensions
unknown
Extent
1 online resource (44 pages)
Form of item
online
Isbn
9780833084804
Specific material designation
remote
System control number
(OCoLC)869853577

Library Locations

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