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  1. 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.

  2. 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.

  3. 1. Purpose. This manual establishes the Joint Risk Analysis Methodology (JRAM) and provides guidance for appraising, managing, and communicating risk. It introduces and describes a common risk lexicon to facilitate consistency across Department of Defense (DoD) and Joint Force risk-related processes. a.

  4. 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...

  5. The risk management process consists of five steps: 1. identify hazards, 2. assess hazards to determine risks, 3. develop controls and make risk decisions, 4. implement controls, and 5. supervise and evaluate. This manual describes the risk management steps in detail and provides application examples. The

  6. Section four highlights the utility of visualization tools and introduces two visualization models designed to capture compounding and cascading risk: the National Strategic Risk Abacus and the National Strategic Risk Radar Chart. Finally, section five provides concluding remarks.