Please use this identifier to cite or link to this item: https://dair.nps.edu/handle/123456789/3009
Title: Embracing Uncertainty in DoD Acquisition
Authors: David E. Frick
Keywords: Risk Management
Acquisition
Cost, Schedule, Performance
Program Management
Opportunity Management
Continuum of Uncertainty
Dynamic Marketplace
Issue Date: 1-Jun-2010
Publisher: Defense Acquisition University
Citation: Unlimited Distribution
Series/Report no.: Dynamic Marketplace
SEC809-MKT-10-0016
Abstract: Uncertainty is an inherent, unavoidable aspect of life that has a significant impact on program or project management, and acquisition in general. The treatment of risk management within the Department of Defense (DoD) as a formal element of acquisition is a topic discussed extensively in the acquisition profession. DoD fares no better than industry in the number of projects or programs that fail to meet cost, schedule, or performance baselines. This article suggests that, overall, the DoD approach to uncertainty is flawed, and that we need substantive changes to the structure and policies of acquisition to become more effective in the discipline of program management.
URI: https://dair.nps.edu/handle/123456789/3009
Appears in Collections:Section 809 Panel: Reports, Recommendations & Resource Library

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