Although the Department of Defense's DoD's current risk management direction presents a comprehensive and robust approach to identifying, assessing, and managing risk, it does not adequately emphasize the interface between risk management and contract administration. In essence, a well-crafted, risk-appropriate contract can temper the sensitivity between technical risk and the probability of cost and schedule overruns, while a poorly crafted contract can actually increase the probability of cost and schedule overruns. By better linking sound risk management practices with sound contract administration practices, the DoD stands to continue being the bellwether federal agency for pushing the state-of-the-art in effective risk management. Risk management in the Department of Defense DoD has evolved from a fairly esoteric concept to a key component of DoD's management of major system acquisitions. Risk management is directed by DoD Directive
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Not a MyNAP member yet? Register for a free account to start saving and receiving special member only perks. Ball, Deborah Yarsike and Theodore P. Will Russian Scientists Go Rogue? Davis, Paul C. Department of Defense DoD. Defense Security Cooperation Agency. Directive Number Defense Acquisition System. Operation of the Defense Acquisition System. Instruction Number Defense Acquisition Guidebook.
Border Security. Keeney, R. Cambridge: Cambridge University Press. Kirkwood, C. Nacht, M. Available through the Public Access File for this study. Washington, D. Proliferation Concerns: Assessing U. Protecting Nuclear Weapons Materials in Russia. Agency for International Development. National Security Council.
National Strategy for Countering Biological Threats. Parnell, G. Revill, J. Weber, A. Subject: Implementation Guidance for: I. The Cooperative Threat Reduction CTR Program was created in as a set of support activities assisting the Former Soviet Union states in securing and eliminating strategic nuclear weapons and the materials used to create them. The Program evolved as needs and opportunities changed: Efforts to address biological and chemical threats were added, as was a program aimed at preventing cross-border smuggling of weapons of mass destruction.
CTR has traveled through uncharted territory since its inception, and both the United States and its partners have taken bold steps resulting in progress unimagined in initial years.
Over the years, much of the debate about CTR on Capitol Hill has concerned the effective use of funds, when the partners would take full responsibility for the efforts, and how progress, impact, and effectiveness should be measured. Directed by Congress, the Secretary of Defense completed a report describing DoD's metrics for the CTR Program here called the DoD Metrics Report in September and, as required in the same law, contracted with the National Academy of Sciences to review the metrics DoD developed and identify possible additional or alternative metrics, if necessary.
The committee wrote this report with two main audiences in mind: Those who are mostly concerned with the overall assessment and advice, and those readers directly involved in the CTR Program, who need the details of the DoD report assessment and of how to implement the approach that the committee recommends.
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DODD 5000.1, DEPARTMENT OF DEFENSE DIRECTIVE, THE DEFENSE ACQUISITION SYSTEM (12 MAY 2003)
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Military acquisition is the bureaucratic management and procurement process dealing with a nation 's investments in the technologies, programs, and product support necessary to achieve its national security strategy and support its armed forces. Its objective is to acquire products that satisfy specified needs and provide measurable improvement to mission capability at a fair and reasonable price. Military acquisition has a long history spanning from ancient times e. Modern military acquisition is a complex blend of science , management , and engineering disciplines within the context of a nation 's law and regulation framework to produce military material and technology.