A quantitative risk analysis of deficient contractor business system
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This research reviews quantitative risk models to determine how to best portray the risk to the government of deficient contractor business systems. One model, operational value at risk (VaR) is proposed as the model for use by a government contracting officer when justifying the withholding of contractor payments for a ?significant deficiency? in the contractor?s earned value management (EVM) system (per DFARS 252.234.7005, effective August 16, 2011).
Excerpt from the Proceedings of the Ninth Annual Acquisition Research Symposium, Wednesday Sessions, Volume I
RightsThis publication is a work of the U.S. Government as defined in Title 17, United States Code, Section 101. Copyright protection is not available for this work in the United States.
NPS Report NumberNPS-AM-12-C9P13R02-070
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