Risk In BusinessPub Date : 2022-10-01DOI: 10.22594/dau.21-884.29.04
M. Hauser, G. Ferrer, R. Mortlock
{"title":"Assessing Policy Changes on the Cost of Husbanding Services for Navy Ships","authors":"M. Hauser, G. Ferrer, R. Mortlock","doi":"10.22594/dau.21-884.29.04","DOIUrl":"https://doi.org/10.22594/dau.21-884.29.04","url":null,"abstract":"In the wake of a major corruption conspiracy, the U.S. Navy reformed husbanding service procedures to increase competition, auditability, and accountability with the goal of reducing expenditures. The first policy change, Off-Ship Bill Pay (OSBP), formalized a process for procuring, rendering, and paying for husbanding services to increase oversight. The second policy change increased the use of multiple award contracts (MACs), in which multiple vendors are awarded a contract over a region, increasing competition for individual port visits. The purpose of this article is to analyze the effects of these policy changes on the cost of husbanding services. Multiple regression was used to account for port visit characteristics that affect cost such as ship type and the number of days in port. MACs demonstrated a reduction effect on the cost of port visits. Further, OSBP appears to have a negligible effect on port visit cost after the initial learning curve for both Navy personnel and vendors.","PeriodicalId":324313,"journal":{"name":"Risk In Business","volume":"58 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"131749167","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Risk In BusinessPub Date : 2022-10-01DOI: 10.22594/dau.21-885.29.04
Gregory Brown
{"title":"Phasing Risk in Aircraft Development Programs","authors":"Gregory Brown","doi":"10.22594/dau.21-885.29.04","DOIUrl":"https://doi.org/10.22594/dau.21-885.29.04","url":null,"abstract":"This article analyzes the timing of cumulative cost growth over the planned development schedule, with the goal of utilizing the pattern of historic cost growth to phase the risk dollars for new aircraft development programs. Using data from Selected Acquisition Reports for 21 completed programs, a polynomial regression model is fit to cost growth. The polynomial indicates that 85% of cost growth occurs in the second half of the planned development schedule, on average. These results suggest that risk dollars for new programs should be “backloaded,” or phased later in the program schedule. Backloading risk dollars could improve early program execution and provide greater budget flexibility in the event of schedule delays or schedule growth.","PeriodicalId":324313,"journal":{"name":"Risk In Business","volume":"176 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"116398275","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Risk In BusinessPub Date : 2022-10-01DOI: 10.22594/dau.21-872.29.04
Kaitlyn N Ryan, A. Cox, C. Koschnick, A. Thal
{"title":"Innovation Transition Success: Practice Doesn’t Make Perfect","authors":"Kaitlyn N Ryan, A. Cox, C. Koschnick, A. Thal","doi":"10.22594/dau.21-872.29.04","DOIUrl":"https://doi.org/10.22594/dau.21-872.29.04","url":null,"abstract":"The authors of this research examine and evaluate organizational factors associated with commercialization under the Air Force Small Business Innovation Research (SBIR) program. Their objective is to improve return on investment.\u0000The data set used was the SBIR Phase II program data set, which contains information on 433 SBIR topics with closed contracts reported during Department of Defense (DoD) fiscal years (FYs) 2015 to 2018. Each data point contained characteristics of the topic, including commercialization. Military capability or topic areas were hypothesized to have varying commercialization rates. Incumbency was theorized to be a characteristic of successful programs, while increased company size was theorized as a characteristic of unsuccessful programs. Variables were analyzed through graphs and logistic regression.\u0000Small businesses (1 to 31 employees) have a 2.6% increased commercialization rate compared to large businesses (32 to 499 employees); this increase is significant when compared to the 8.8% global success rate of SBIR projects. No learning effect or improved performance was observed between companies new to the SBIR program (fewer than 14 contracts) and incumbents (15–419 contracts). The opposite—learning—was observed with new entrants outperforming incumbents. A bump in the data appears for newer entrants with some experience.\u0000In FY 2019, DoD obligated $1.8 billion in SBIR funding, and previous research indicated the commercialization rate of SBIR Phase II contracts is approximately 8.8%. This exploratory research looks at factors and trends seen in successful programs. Findings indicate factors that may guide investment choices to improve commercialization rates.","PeriodicalId":324313,"journal":{"name":"Risk In Business","volume":"25 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2022-10-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124431675","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}