Improving Risk Management in an Evolutionary Acquistion Environment
Abstract
In October 2000, DoD made a significant change to its Defense Acquisition System by establishing a policy making evolutionary acquisition strategy the preferred approach to satisfying operational needs. This change was precipitated through the realization that the traditional approach was not integrating new technology into weapon systems rapidly enough. Given the current rapid technological changes, the traditional approach to acquiring and fielding warfighter capabilities often exceeds cost projections, are dated when they arrived on the battlefield, and lacks interoperability and flexibility. This paper argues for accelerating the implementation and use of the evolutionary acquisition approach to facilitate Army transformation and maintain a technological advantage over future adversaries. Secondly, the paper explores the program risk management implications of accelerating the use of evolutionary acquisition strategies. Finally, the author provides recommendations for improving program risk management through better integration of the Defense Contract Management Agency's supplier risk management activities into the program management office's overall risk management process.
Document Details
- Document Type
- Technical Report
- Publication Date
- Apr 09, 2002
- Accession Number
- ADA404204
Entities
People
- Jesse M. Stone
Organizations
- United States Army War College