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Risk Management Guide for DOD Acquisition, Fifth Edition (Version 2.0) , June , 2003

June 2003

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From the document: "In 1996, the USD (AT&L) established a Risk Management Working Group composed of members of the Office of the Secretary of Defense (OSD) staff, representatives of the Military Services, and members of other DoD agencies involved in systems acquisition. This group reviewed pertinent DoD directives (DoDD) and regulations, examined how the Services managed risk, studied various examples of risk management by industry, and looked at DoD training and education activity in risk management. Other sources of information were the Software Engineering Institute Risk Initiative, the Open Systems Initiative, and the safety and cost estimating communities. The findings and results of the Working Group investigation were presented to the USD (AT&L) and are summarized below:"

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