184.108.40.206 Description.This technique identifies those risks associated with a given system concept and design. The difference between the process (DoD 4245.7-M) technique and this approach is that DoD 4245.7-M addresses the contractor's engineering and manufacturing process and this technique focuses on the resulting product. This
technique is used to identify and analyze risks in the following critical risk
areas: design and engineering, technology, logistics, production, concurrency,
plus others as needed for both hardware and software.
The WBS is the starting point to describe contract work to be done and the resulting product and is the basis for determining risk events in each critical risk area. The risk events - events that might have a detrimental impact on the system, subsystems, or components - are evaluated to identify and characterize specific risks ratings and prioritization.
This technique should be used shortly after the completion of the prime contractor's WBS. Thereafter, it should be used regularly up to the start of production. The technique can be used independently or in conjunction with other risk assessment techniques, such as the Process (DoD 4245.7-M) Risk Assessment technique. It may, if appropriate, also be used in conjunction with the Integrated Baseline Review (IBR), which is conducted within 6 months of contract award. See Section 220.127.116.11.3 of the Deskbook (http://www.deskbook.osd.mil) for a discussion of IBR. A World Wide Web Site is also available at www.acq.osd.mil./pm/ibrmats/ibrmats.htm, which discusses the IBR Process.
To apply this technique, joint Government and industry evaluation teams should examine the appropriate WBS levels in each Sub-Tier IPTs product area. If necessary, complementary industry-only teams may take an in-depth look at selected areas at lower WBS levels. At times, it may be desirable to include outside industry experts on the teams to aid in the examination of specific WBS elements or functional areas.