Accession Number:

ADP002318

Title:

Implementation of Risk Information into the DoD Decision Making Structure

Descriptive Note:

Corporate Author:

COCKERHAM (JOHN M) AND ASSOCIATES INC HUNTSVILLE AL

Personal Author(s):

• Cockerham, John M.

Report Date:

1983-07-15

Pagination or Media Count:

6.0

Abstract:

The time has arrived for accurately predicting programmatic cost and schedule risk on large weapon system projects. Management science and operations research techniques coupled to power of todays computer provide timely decision information for sophisticated budgetary and scheduling strategies. However, the time for using this information in a systematic fashion has not arrived. This document discusses the problem.

Descriptors:

• *RISK
• *DECISION MAKING
• *COST ESTIMATES
• *PLANNING PROGRAMMING BUDGETING
• DEPARTMENT OF DEFENSE
• MANAGEMENT PLANNING AND CONTROL
• WEAPON SYSTEMS

Subject Categories:

• Administration and Management
• Economics and Cost Analysis

Distribution Statement:

APPROVED FOR PUBLIC RELEASE