1.4 DOD RISK MANAGEMENT POLICIES AND
DoD policies and procedures that address
risk management for acquisition programs are contained in five key DoD
documents. DoDD 5000.1 contains overall acquisition policy-with a strong basis in risk
management. The policy on risk management is amplified further by the
information in DoDI 5000.2 and DoD 5000.2-R. These documents integrate risk
management into the acquisition process, describe the relationship between
risk and various acquisition functions, and establish some reporting
requirements. DoDD 5000.4 and DoD 5000.4-M address risk and cost analysis
guidance as they apply to the Office of the Secretary of Defense. Appendix A is an extract of existing risk management policies and procedures from all of these documents.
The DoD 5000 series contains strong statements on risk management but requires elaboration to help the PM establish an effective risk management program. The information furnished in the Risk Management section of the Deskbook supports and expands the contents of the DoD 5000 series.
The DoD risk management policies and procedures provide the basis for this Guide, which complements the Deskbook by elaborating on risk
management concepts and by providing greater detail for applying