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).
Approved for public release; distribution is unlimited.Excerpt from the Proceedings of the Ninth Annual Acquisition Research Symposium, Wednesday Sessions, Volume I
NPS Report NumberNPS-AM-12-C9P13R02-070
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