Risk Management

Properly executed, risk management can provide valuable insight into the health of virtually all areas of your program. Increasingly, the government is not only demanding a comprehensive risk process, but is requiring risk mitigation activities to be integrated into the cost (EVMS), schedule (IMP/IMS) and technical performance management systems. Dayton Aerospace has developed a proven risk management process that facilitates an integrated approach to identify, plan, and link risk mitigation with the program Integrated Master Schedule.

Risk software tools now exist, which facilitate an efficient and real-time link between the risk planning/mitigation/monitoring process and the IMS. Using these tools, risk mitigation task tracking remains automatically correlated to the IMS and virtually eliminates the traditionally labor intensive effort to build waterfall charts, or other key risk metrics. In addition, Using schedule risk assessment tools such as Risk™ is an excellent technique to quantify the impacts of risk. Used in conjunction with critical path analysis, significantly enhanced total program insight is achieved. We understands these tools and how to properly implement them, and can help you to greatly enhance the effectiveness and efficiency of managing risks in your program.

Dayton Aerospace can provide full spectrum risk management support tailored to your needs and compliant with client or government policies for government RFP preparation, industry proposal preparation or program execution for both government and industry. In each of these areas, this support can include:

	Risk management process implementation planning
	Risk Management Plan (RMP) preparation
	Risk identification and analysis
	Risk mitigation planning
	Risk mitigation plan integration with integrated master scheduling
	Risk tracking, documentation, and metrics
	Risk workshop facilitators
	IMS Schedule Risk Assessments (SRA) using Risk™
	Integrated Risk Assessment (IRA) training and facilitation
	Risk management training workshops