Term
|
Definition
| What can go wrong (in the future) |
|
|
Term
|
Definition
| How big is the risk? The activity of examing each identified risk to refine the description of the risk, isolate the cause, determing the effects, aid n setting risk mitigation priorities. |
|
|
Term
|
Definition
| Identifies, evaluates and selcts options to set risk at acceptable levels |
|
|
Term
|
Definition
| Ensure successful risk mitigation |
|
|
Term
|
Definition
| Recognize future uncertainities in achieving program performance goals and objectives within defined cost, schedule, and performance constraints |
|
|
Term
|
Definition
| Identifes the magnitude of the risk |
|
|
Term
|
Definition
| Identify the program approach for addressing potential unfavorable consequence |
|
|
Term
| Risk Mitigation Plan Implentation |
|
Definition
| Identify an execution strategy |
|
|
Term
Avoid Control Transfer Assume |
|
Definition
| Risk Approach / Mitigation Options |
|
|
Term
|
Definition
| Eliminates the root cause |
|
|
Term
|
Definition
| If corrected, would prevent potential consequences from occurring |
|
|
Term
|
Definition
| Assessed at present time of that future root cuase occurring |
|
|
Term
|
Definition
A future root cause Probability Consequence |
|
|
Term
|
Definition
| _______ management applies to mitigate future potential root causes and their consequences. ______ management applies to resources to address and resolve current issues or problems. |
|
|
Term
|
Definition
| Selection of the best option that best provides the balance between performance and cost |
|
|
Term
|
Definition
| A continuous process that is accomplished throuhout the life cycle of a system |
|
|
Term
|
Definition
Enhances program management effectiveness Provide PM with key tool to reduce LCC Increase program likelihood of success Assess areas of cost uncertainity |
|
|
Term
|
Definition
|
|
Term
|
Definition
| Funding is the amount available |
|
|
Term
|
Definition
| This is a part of the IMP, SEP or can stand alone |
|
|
Term
|
Definition
| What does the V model use for entrance criteria? |
|
|
Term
|
Definition
| Translates users needs into solutions |
|
|
Term
Stakeholder requirements Requirements Analysis Architectural Design |
|
Definition
|
|
Term
Implementation Integration Verification Validation Transition |
|
Definition
| Fab, Integrate and Test (Right Side) |
|
|
Term
|
Definition
Stakeholder Reqts Reqt Analysis Archiectural Design Implementation Integration Validation Verication Transition |
|
|