Programmatic Risk Management

Modeling the programmatic risk elements and connecting them to schedule and cost margin assures a credible risk management plan.

With the Performance Measurement Baseline (PMB) established, Lewis & Fowler's method of probabilistic risk assessment is performed using DID 81650 IMS development guidance. Our methods and tools identify the probabilistic critical path, any needed schedule margin, the "near critical path," and the programmatic risk elements that must be monitored and controlled during the program's execution.