Riskbased Acquisition Management RBAM Update

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Risk-based Acquisition Management (RBAM) Update
May 15-17, 2001 ARC
Phil Napala Code QE Jeff Cullen Code HK
(1)
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WHAT IS RISK-BASED ACQUISITION MANAGEMENT?

• The integration of risk management into the
  acquisition process.

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THE RBAM PROCESS
ACQUISITION STRATEGY PROCESS
REQUIREMENTS
POST AWARD
SOURCE SELECTION
SOLICITATION DEVELOPMENT
ACQUISITION STRATEGY DEVELOPMENT
Government/ Contractor Negotiations (if
necessary)
CONTRACT SIGNING/ RM PLAN
RISK WHEEL
RBAM WORKSHEET
RISK MATRIX (HIGH RISKS ONLY)
RISK RANKING HIGH RISK MEDIUM RISK LOW RISK
ACQUISITION STOPLIGHT CHART
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RBAM Attendees by Center

• The charts below detail the number of individuals
  who received training at each center.

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Training
Since October 2000 - - 122 people attended 8
sessions, 5 Workshops and 3 Tutorial Overview
Sessions
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Acquisition Strategy Meeting Risk Assessment
Summary
Requirement Risks
Acquisition Strategy Risks
SAFETY 3 Yellow
SAFETY n RISKS

Envir, Safety, Health
Y
Y
MISSION SUCCESS n RISKS
MISSION SUCCESS n RISKS
Tech Performance
R
R
MANAGEMENT n RISKS
MANAGEMENT n RISKS
Y
Y
Management
Y
Cost
Y
COST n RISKS
COST n RISKS
Schedule
G
G
SCHEDULE n RISKS
SCHEDULE n RISKS
SECURITY n RISKS
Security
SECURITY n RISKS
Y
Y
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RBAM Basics

• To do this, we are telling everyone to use a
  disciplined continuous risk management process
  identify, analyze, plan, track, control,
  communicate and document.
• Identify. Sit individuals down, and point out
  trouble areas.
• Analyze. Engage brain, preferably before buying.
• Plan. Before leaping, think landing.
• Track. Keep tabs on your bets.
• Control. Try not to do really stupid things.
• Communicate. Be real when telling managers about
  risks.
• Document. Write it down and dont forget.

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Summary

• RBAM ties the money process to the safety and
  mission assurance process.
• Early application is showing practical benefit.
  Risks are being identified before announcements
  are let out on the street.
• Risk discussions required by the new procurement
  notice, have been healthy reality checks as new
  innovative and technically challenging NASA
  project acquisitions come up for review.