Report
Case Study of Risk Management in the USAF B-1B Bomber Program
Jan 1, 1993
A Case Study of Risk and Reward in Weapon System Acquisition
Format | File Size | Notes |
---|---|---|
PDF file | 2.6 MB | Use Adobe Acrobat Reader version 10 or higher for the best experience. |
Format | List Price | Price | |
---|---|---|---|
Add to Cart | Paperback69 pages | $25.00 | $20.00 20% Web Discount |
In this case study of the AMRAAM program, Mayer examines weapons acquisition as a "political" process involving the perceptions and goals of many organizations. Technologically, the missile is a success, despite a development program that involved major schedule slips, substantial cost growth, and several major redesign efforts. Mayer concludes that external oversight can be counterproductive as it raises the likelihood that the system must respond to forces having little to do with performance or management. For example, overselling the program at the beginning can lead to serious difficulties when the inevitable technical problems make system performance and management look poor in relation to the original promises. In addition, formal structures and procedures designed to reduce uncertainty cannot be relied on to counter optimistic estimates of performance, schedule, or cost. Finally, he concludes that concurrent development programs and fixed price contracts are inappropriate for technically risky programs.
This report is part of the RAND Corporation Note series. The note was a product of the RAND Corporation from 1979 to 1993 that reported other outputs of sponsored research for general distribution.
This document and trademark(s) contained herein are protected by law. This representation of RAND intellectual property is provided for noncommercial use only. Unauthorized posting of this publication online is prohibited; linking directly to this product page is encouraged. Permission is required from RAND to reproduce, or reuse in another form, any of its research documents for commercial purposes. For information on reprint and reuse permissions, please visit www.rand.org/pubs/permissions.
The RAND Corporation is a nonprofit institution that helps improve policy and decisionmaking through research and analysis. RAND's publications do not necessarily reflect the opinions of its research clients and sponsors.