Defense Management: Additional Actions Needed to Enhance DOD's Risk-Based Approach for Making Resource Decisions

Abstract

The Department of Defense (DOD) is simultaneously conducting costly military operations and transforming its forces and business practices while it is also competing for resources in an increasingly constrained fiscal environment. As a result, GAO has advocated that DOD adopt a comprehensive threat or risk management approach as a framework for decision making. In its 2001 strategic plan, the Quadrennial Defense Review (QDR), DOD stated its intent to establish an approach--the risk management framework--to balance priorities against risk over time and monitor results against its strategic goals. GAO was asked to (1) assess the extent to which DOD has implemented the framework, including using it to make investment decisions, and (2) identify the most significant challenges DOD faces in implementing the framework, or a similar approach.

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Document Details

Document Type
Technical Report
Publication Date
Nov 15, 2005
Accession Number
AD1157112

Entities

People

  • Sharon L. Pickup

Organizations

  • United States Government Accountability Office

Tags

Communities of Interest

  • C4I
  • Human Systems

DTIC Thesaurus Topics

  • Accountability
  • Acquisition
  • Command And Control
  • Commerce
  • Computer Programming
  • Congress
  • Defense Planning
  • Department Of Defense
  • Financial Management
  • Geographic Regions
  • Governments
  • Military Operations
  • National Governments
  • Risk
  • Risk Analysis
  • Risk Management
  • United States Government

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  • Defense Acquisition Program Management