Quantitative Risk Assessment: A Test Case

Abstract

Since the requirement for formal risk management in all major development programs, several methodologies have been suggested but few have been implemented with persistence. The Air Force Academy Risk Analysis Study Team suggested that a quantitative risk assessment technique based on network simulation and subjective probability estimates could be used to assess risk in the three primary development variables: cost, schedule, and technical performance. The thesis attempted to determine the feasibility and practicality of applying such a methodology to the A-10 Full Scale Development Program for cost and schedule variables only.

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Document Details

Document Type
Technical Report
Publication Date
Mar 01, 1974
Accession Number
AD0777585

Entities

People

  • Roy R. Kilgore
  • Stephen L. Amdor

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms
  • Energy and Power Technologies
  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Air Force
  • Aircrafts
  • Airframes
  • Computer Programs
  • Congress
  • Control Systems
  • Databases
  • Governments
  • Management Personnel
  • Measurement
  • Probability Density Functions
  • Procurement
  • Random Variables
  • Risk Analysis
  • Risk Management
  • Students
  • Test And Evaluation

Readers

  • Instructional Design and Training Evaluation.
  • Systems Analysis and Design