Tailored Risk Management

Abstract United Defense is the prime American contractor for Crusader, a high performance self propelled howitzer system for the U S Army and ultimately for other Armies. In managing this Integrated Product and Process Development program, United Defense has utilized an aggressive risk management approach. This approach involves five steps: Identification, assessment and analysis, mitigation, tracking and closure. Each step is briefly described, but emphasis is placed on new methodologies developed to improve the accuracy, acceptance and believability of quantitative technical, cost and schedule risk assessments.