Application of Risk Analysis: Response from a Systems Division,

Abstract

A review of theoretical literature reveals that most technical aspects of risk analysis have become a reasonably well-defined process with many sophisticated techniques in existence. A major conclusion from this review is, however, that a primary need exists to develop a better understanding of risk analysis in order to enhance its application. Also needed are better tools to enhance use of both subjective judgment and group decision processes. A major concern in using the group decision and consensus building techniques seems to be the need to eliminate undue influence of persuasion, previous expressed opinion, majority opinion and higher level arm twisting. Many researchers suggest training to improve use of available techniques in the hope that it would lead to increased application of risk analysis in the acquisition process.

Document Details

Document Type
Technical Report
Publication Date
Jul 15, 1983
Accession Number
ADP002314

Entities

People

  • M. C. Tankersley
  • W. R. Kerns

Tags

Communities of Interest

  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Acquisition
  • Business Administration
  • Judgment
  • Literature
  • Risk
  • Risk Analysis
  • Training
  • Training Management
  • Uncertainty
  • Virginia
  • Vulnerability
  • Workshops

Readers

  • Defense Acquisition Program Management
  • Theoretical Analysis.