Enterprise information System (EIS) Value Assurance Framework (VAF) Risk-Reward Optimization
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The high failure rate of EIS means we don't manage risk very well. This paper explains a pragmatic approach that learns lessons from the volatile, very risky, financial sector.
Chris Gunderson is a Research Associate at the Naval Postgraduate School. He is the principal investigator of the Open Enterprise Information System (OEIS) research initiative. This project sponsored by the Undersecretary of Defense for Intelligence and executed in the Northern Virginia. The project objective is to help the government improve its flawed information technology acquisition process through four key activities: Establish a collaborative network of government, industry, and academic experts who have succeeded at some aspect of OEIS; Study Internet successful stories and distill the lessons learned; Embed lessons learned into familiar government acquisition artifacts; Work with early adopting pilot projects to verify, validate, refine, and document best practices