DSMC Risk Management Guide for DoD
Acquisition
(Fourth Edition)
February 2001
Department of Defense
Defense Acquisition University
Defense Systems Management College
Published By The
Defense Acquisition University Press
Fort Belvoir, Virginia 22060-5565
For sale by the U.S. Government Printing Office Superintendent of Documents,
Mail Stop: SSOP, Washington, DC 20402-9328
Please e-mail comments or recommended changes to: Mcmahon_Paul@dsmc.dau.mil
Bahnmaier_Bill@dsmc.dau.mil
Office of the Under Secretary of Defense
3000 Defense Pentagon
Washington, dc 20301-3000
Risk Management
Guide
Acquisition reform 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.
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