Despite having risk management instructions and an official guidebook, risk assessments and analysis still lack the sufficient technical rigor when applying these processes to research and development projects within the Department of Defense (DoD). The risk analysis phase often suffers from...
Although corporations collect project information such as performance indicators, they tend to use this information only to estimate the cost of future projects rather than as a way of predicting potential project failures. By not using performance indicators from prior projects to predict future...
A risk in principle is an uncertain event that if it occurs, may have an adverse or positive effect on a project's objectives. Adverse risks imply threats and positive ones may lead to opportunities. Proper risk management is creating an appropriate environment and a policy for maintaining...
This Praxis analyzes the impact of cost, schedule, and human capital risks on the ROI of naval defense knowledge based acquisition practice implementation within the integrated defense acquisition, technology, and logistics lifecycle management system for engineering related technologies. The...