LEADER 00000cam 2200613Ki 4500 001 ocn869853577 003 OCoLC 005 20170927055026.3 006 m o d 007 cr cn||||||||| 008 070713s2013 cauab ob 000 0 eng d 019 875685672|a900741922 020 9780833084804|q(electronic bk.) 020 0833084801|q(electronic bk.) 027 RAND/RR-262-OSD 035 (OCoLC)869853577|z(OCoLC)875685672|z(OCoLC)900741922 037 22573/ctt5p35md|bJSTOR 040 COO|beng|erda|epn|cCOO|dJSTOR|dOCLCO|dJSTOR|dOCLCA|dYDXCP |dOCLCQ|dOCLCO|dCOO 043 n-us--- 049 CKEA 050 4 UF503|b.F54 2013 082 04 355.6/20973|223 100 1 Mayer, Lauren A.,|eauthor. 245 12 A risk assessment methodology and Excel tool for acquisition programs /|cLauren A. Fleishman-Mayer, Mark V. Arena, and Michael E. McMahon. 264 1 Santa Monica, CA :|bRAND,|c2013. 300 1 online resource (44 pages) 336 text|btxt|2rdacontent 337 computer|bc|2rdamedia 338 online resource|bcr|2rdacarrier 500 "RAND National Security Research Division." 500 "This research was conducted within the Acquisition and Technology Policy Center of the RAND National Defense Research Institute"--Preface. 500 Title from title screen (viewed on October 24, 2013). 504 Includes bibliographical references (pages 25-26). 505 0 Introduction -- Assessor Tool Methodology -- An Example Application of the Risk Assessor Tool -- Further Applications -- Conclusion. 520 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 ́⁰Assessor Tooĺ⁰₊). 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 programС́⁰₉s 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 usersС́⁰₉ 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 toolС́⁰₉s validation by tracking its output against a programС́⁰₉s performance. 588 0 Online resource. 588 0 Print version. 610 10 United States.|bDepartment of Defense|xAppropriations and expenditures. 610 10 United States.|bDepartment of Defense|xProcurement|xCosts |xEvaluation|xMethodology. 650 0 Systems integration|xRisk assessment|xMethodology. 650 0 Weapons systems|zUnited States|xCosts|xForecasting. 650 7 TECHNOLOGY & ENGINEERING|xMilitary Science.|2bisacsh 651 0 United States|xArmed Forces|xWeapons systems|xCosts |xEvaluation|xMethodology. 700 1 Arena, Mark V.,|eauthor. 700 1 McMahon, Michael E.,|eauthor. 710 2 Rand Corporation.|bNational Security Research Division. 710 2 Acquisition and Technology Policy Center. 710 2 Rand Corporation,|epublisher. 710 1 United States.|bDepartment of Defense.|bOffice of the Secretary of Defense. 914 ocn869853577 994 92|bCKE
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