RISK MANAGEMENT GUIDE FOR DOD ACQUISITION
Fifth Edition (Version 2.0)
June 2003
Department of Defense Defense Acquisition University
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Please e-mail comments or recommended changes to: Bill.Bahnmaier@dau.mil
PUBLISHED BY THE DEFENSE ACQUISITION UNIVERSITY PRESS FORT BELVOIR, VIRGINIA 22060-5565
For sale by the U.S. Superintendent of Documents, Government Printing Office Internet: bookstore.gpo.gov Phone: (202) 512-1800 Fax: (202) 512-2250 Mail Stop: SSOP, Washington, DC 20402-0001
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OFFICE OF THE UNDER SECRETARY OF DEFENSE 3000 DEFENSE PENTAGON WASHINGTON, DC 20301-3000
RISK MANAGEMENT GUIDE
Acquisition excellence has changed the way the Department of Defense (DoD) designs, develops, manufactures, and supports systems. Our technical, business, and management approach for acquiring and operating systems has, and continues to, evolve. For example, we no longer can rely on military specifications and standards to define and control how our developers design, build, and support our new systems. Today we use commercial hardware and software, promote open systems architecture, and encourage streamlining processes, just to name a few of the initiatives that affect the way we do business. At the same time, the Office of the Secretary of Defense (OSD) has reduced the level of oversight and review of programs and manufacturers' plants. While the new acquisition model gives government program managers and their contractors broader control and more options than they have enjoyed in the past, it also exposes them to new risks. OSD recognizes that risk is inherent in any acquisition program and considers it essential that program managers take appropriate steps to manage and control risks. This document is a product of a joint effort by the Under Secretary of Defense (Acquisition, Technology and Logistics (USD (AT&L)) staff and the Defense Acquisition University. It is based on the material developed by the DoD Risk Management Working Group. Material in this Guide is also reflected in the Risk Management Focus Area of the Program Management Community of Practice (PMCOP) (http://www.pmcop.dau.mil), and in the Defense Acquisition Deskbook, which can be accessed via the AT&L Knowledge Sharing System (AKSS) Website (http://deskbook.dau.mil/jsp/default.jsp).

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