VERT - A Risk Analysis Technique for Program Managers.

Abstract

This report describes the capabilities of the VERT(Venture Evaluation and Review Technique) risk analysis technique and reviews its current applications in support of the program manager (PM). PM's are continuously faced with making decisions without complete certainty of their impact. These decision situations involve certain risks or probabilities concerning the time, cost and technical performance effects. New techniques have been evolving to assist decision makers (e.g., PM's in this risk environment. VERT is a network simulation modeling technique recently developed to provide this assistance. From information collected through interviews with Army and Navy personnel supporting PM's, a profile of current VERT applications and their effectiveness is developed. Applications discussed vary from the support of major programs like the Advanced Attack Helicopter to smaller efforts like the Platoon Early Warning System.

Open PDF

Document Details

Document Type
Technical Report
Publication Date
May 01, 1977
Accession Number
ADA047620

Entities

People

  • Thomas N. Thomas

Organizations

  • Defense Systems Management College

Tags

Communities of Interest

  • Human Systems
  • Materials and Manufacturing Processes
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Aircrafts
  • Attack Helicopters
  • Computer Programming
  • Computer Programs
  • Computers
  • Defense Systems
  • Early Warning Systems
  • Guided Projectiles
  • Operations Research
  • Probability
  • Program Management
  • Risk
  • Risk Analysis
  • Simulations
  • Systems Management
  • Warning Systems

Readers

  • Military Training and Readiness Simulation
  • Systems Analysis and Design
  • Team-Based Human-Centered Cognitive Task Decision Making and Information Performance.