Risk Management Toolkit

Support Assets

Taxonomies

Risk Areas:
Cost

Risk Management home

Risk Areas' page

Process Assets
Standard Process
  • Definitions
  • Steps of Process
  • Tailoring Guidelines

    Compliance

  • Self Assessment
  • Compliance Process
  • CMMI Risk Management Goals
  • Risk Review

    Policy

  • AF Policy Directive 90-9: Operational Risk Management, 1 April 2000
  • AFI 90-901: Operational Risk Management, 1 April 2000
  • AFMC Instruction 90-902: Operational Risk Management, Dec 2007

    Support Assets
    Procedures

  • Affinity Diagrams
  • Brainstorming
  • Risk Plotting
  • Risk Statements

    Taxonomies

  • Individual
  • Consolidated
  • Risk Areas

  • Tools & Techniques

  • RiskNav
  • Risk Matrix
  • Risk Radar

    Training

  • Risk Process Orientation
  • Detailed Risk Process
  • Facilitator Training

    Examples

  • Sample Risk Management Plan
  • Process Lessons Learned

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    Description:
    The risk that a program will not meet its acquisition strategy cost objectives established by the acquisition authority.

    Risks:

    • Were realistic cost objectives established early?

    • Does the funding profile match the acquisition strategy?

    • Is the funding profile stable from budget cycle to budget cycle?

    • To Reduce Total Ownership Cost (RTOC):
      • Was the system baselined before contract award?
      • Was sustainment planning done up front?
      • Are cost and manpower savings projections tracked to plan?
      • Are cost and manpower savings projections realized?

    • Are cost-performance tradeoffs being done, especially for marginal performance capability improvements?

    • What are the redesign costs of:
      • Engineering Change Proposals (ECPs)?
      • Modifications once system is deployed?

    • Are support requirements being costed early?

    • Does the system rely significantly on software?

    Related Topics:



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