Employing Risk Management to Control Military Construction Costs

Abstract

Systems acquisition inherently contains elements of uncertainty that must be effectively managed to meet project cost, schedule, and performance objectives. While the U.S. Department of Defense has a record of employing systems engineering technical management processes (including risk management) to address these uncertainties for major weapon systems acquisition, the application of risk management to Military Construction (MILCON) projects is a recent development. This research studies the use of a formal risk management program on a MILCON project and assesses whether such use influences the project's total cost growth relative to that of U.S. Army Corps of Engineers' historical data. A case study methodology is employed assessing the National Geospatial-Intelligence Agency (NGA)'s multibillion dollar NGA Campus East program.

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Document Details

Document Type
Technical Report
Publication Date
Apr 01, 2011
Accession Number
ADA539719

Entities

People

  • Shahram Sarkani
  • Steven M. Stuban
  • Thomas A. Mazzuchi

Organizations

  • Defense Acquisition University

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Acquisition
  • Army Corps Of Engineers
  • Base Closures
  • Business Administration
  • Case Studies
  • Construction
  • Department Of Defense
  • Engineering
  • Engineers
  • Geospatial Intelligence
  • Information Systems
  • Military Acquisition
  • Operations Research
  • Program Management
  • Risk
  • Risk Management
  • Systems Engineering

Readers

  • Critical Infrastructure Protection in CBRN and WMD Threats.
  • Government Contracting/Procurement.
  • Software Engineering.