Managing Risk in a Program Office Environment

Abstract

People in program offices make decisions every day. Sometimes the alternatives are clear with unambiguous outcomes but more often the options are less certain and have far-reaching unintended consequences. An effective risk management program can provide program managers with the information they need to make smart decisions in the face of this uncertainty. Although the techniques for risk management are well documented and not technically difficult a variety of factors make them hard to implement effectively. This article describes what risk management is identifies some of the typical challenges and provides specific examples and recommendations on how to implement an effective risk management program.

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Document Details

Document Type
Technical Report
Publication Date
Jan 01, 2003
Accession Number
ADA423519

Entities

People

  • Bill Shepherd

Organizations

  • Defense Acquisition University

Tags

Communities of Interest

  • Human Systems
  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Best Practices
  • Business Administration
  • Community Of Practice
  • Contingency Operations (Military)
  • Crisis Management
  • End Items
  • Engineering
  • Environment
  • Military Acquisition
  • Project Management
  • Risk
  • Risk Analysis
  • Risk Management
  • Standards
  • Weapon Systems
  • Weapons

Fields of Study

  • Computer science

Readers

  • Educational Psychology
  • Organizational Process Management (OPM).
  • Software Engineering.