A quantitative risk analysis of deficient contractor business system
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Authors
Fast, William
Subjects
Advisors
Date of Issue
2012-04-30
Date
April 12, 2012
Publisher
Monterey, California. Naval Postgraduate School
Language
Abstract
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).
Type
Technical Report
Description
Excerpt from the Proceedings of the Ninth Annual Acquisition Research Symposium, Wednesday Sessions, Volume I
Series/Report No
Department
Acquisition Management
Identifiers
NPS Report Number
NPS-AM-12-C9P13R02-070
NPS-AM-12-C9P13R02-070
NPS-AM-12-C9P13R02-070
Sponsors
Naval Postgraduate School Acquisition Research Program
Funder
Format
Citation
Distribution Statement
Approved for public release; distribution is unlimited.
Rights
This 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.