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  1. Table 3-1. Risk Assessment Matrix. Frequent – Occurs very often, known to happen regularly. Likely – Occurs several times, a common occurrence. Occasional – Occurs sporadically, but is not...

  2. Army, as well as the other Services, has adopted the term risk management (RM) to align with joint terminology. The five steps of RM—identify the hazards, assess the hazards, develop controls...

  3. This guide reflects experience drawn from numerous DoD programs and suggests risk considerations programs should keep in mind when developing an Acquisition Strategy and program structure, including activities bearing on risk by phase and considerations relating to contract type.

  4. framework includes four pillars: problem framing, risk assessment, risk judgment, and risk management. The JRAM enhances risk communication and decision making by using the same terms and processes to communicate Military Strategic Risk (risk to national interests) and Military Risk (risk to

  5. Reflect program design and development considerations in acquisition planning and cost, schedule, and performance trade-space activities to manage risks. Evaluate the results of competitive and risk reduction prototyping to assess the risk related to design maturity and achieving program objectives.

  6. This manual describes the risk management steps in detail and provides application examples. The table correlates the risk management steps with military decision-making tasks.

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