An Assessment of the Effectiveness of Air Force Risk Management Practices in Program Acquisition Using Survey Instrument Analysis

Abstract

Air Force acquisition programs invest a large amount of resources to develop and field systems. Many of these resources go to risk management in order to help ensure those programs finish successfully with respect to cost, schedule, and technical performance goals. The question arises as to whether this is a sound investment. Although risk management has been shown to be effective in industry, scant empirical evidence exists for its effectiveness within the Air Force. Correlation and regression analysis of survey data show that a positive relationship does exist between specific risk practices and project success. Furthermore, the analysis suggests that organizational behavior practices may reinforce that positive relationship in addition to the structured risk management steps prescribed by organizations such as the Department of Defense and the Project Management Institute.

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Document Details

Document Type
Technical Report
Publication Date
Jun 18, 2015
Accession Number
ADA621763

Entities

People

  • Michael J. Maroney Jr.

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Air Platforms
  • Biomedical
  • C4I
  • Human Systems

DTIC Thesaurus Topics

  • Air Force
  • Business Administration
  • Contracts
  • Data Science
  • Department Of Defense
  • Factor Analysis
  • Governments
  • Information Science
  • Knowledge Management
  • Organizational Structure
  • Regression Analysis
  • Risk
  • Risk Analysis
  • Risk Management
  • Statistical Analysis
  • Surveys
  • Systems Engineering

Readers

  • Defense Acquisition Program Management
  • Systems Analysis and Design