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Risk Management PDF Print E-mail
Article Index
Risk Management
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2. Background

The background for risk management involves two facets of interest here: the fundamental causes of risks being realized in the acquisition of large complex systems, and the formal imposition of risk management as a bureaucratic and contract concern.

The Denver airport and some of the first of the rapid transit systems in the U.S. of the modern era illustrate that not only the DoD has trouble with the acquisition of large-scale systems. However, large-scale systems do not have to be seemingly impossible. Disney World, the other home of Mickey Mouse, is a testimonial that complex systems can work so effectively as to be almost transparent to the user. The discussions here will focus on known problems of the DoD's process as discussed in References 4 and 5.

In terms of the formality of risk management the focus will again be on the DoD process that begins with Reference 6.



 
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