Risk Management for Complex U.S. Government Contracts and Projects

About the Program Risk management, the ability to efficiently and cost effectively mitigate potential problems, is fundamental to good business in both the public and private sectors. NCMA's newest seminar provides a unique and comprehensive view of what it takes to successfully manage large, complex, high-technology U.S. government contracts and projects. Led by celebrated principal author Gregory A. Garrett, the contributing authors of the book of the same name are a team of 12 subject-matter experts. This one-of-a-kind seminar is loaded with process diagrams tools, techniques, and best practices to help acquisition professionals in both the U.S. government and industry improve business results. A must for everyone in the business of buying or selling complex products, systems, services, or integrated solutions to or for the U.S. government.

How to Register

View the listing of registered locations, then contact the registrar for the seminar date and location you wish to attend.

Course Outline

This book provides a unique and comprehensive view of what it takes to successfully manage large, complex, high technology U.S. government contracts and projects. The contributing authors are a team of 12 experts, with extensive experience in U.S. government agencies, military, and industry, with specialized knowledge and education in accounting, law, contracting, supply-chain management, and program/project management. Chapter 1 begins by dispelling some of the common myths of government contracting and then sharing some proven best practices to achieve superior performance results.

In Chapter 2, a holistic yet practical opportunity and risk management (ORM) process is described in great detail. In Chapter 3, an exhaustive list of tools and techniques are provided to help practitioners (contract managers, engineers, project managers, proposal managers, etc.) identify, assess, and mitigate risks while maximizing the potential for positive outcomes. Chapters 4, 5, and 6 provide an in-depth understanding of the contractual, financial, schedule, and technical aspects of risks when dealing with highly regulated U.S. government contracts and projects.

Chapter 7 provides a risk-driven perspective of outsourcing strategies and decision making. Chapter 8 provides a case study view of the typical risk management process implemented by the U.S. Department of Defense (DOD) for major weapon system acquisition programs. Chapter 9 offers and understanding of the unique challenges of managing professional services contracts in support of U.S. government departments and agencies.

Chapter 10 offers an insightful view of earned value management systems and how they can be used as an effective risk management tool. Chapter 11 provides a valuable legal perspective of risk management and suggests what actions government contractors can take to mitigate litigation risks. Chapter 12 explains when and how to use the Contract Management Risk and Opportunity and Assessment Tool. The book also includes extensive references and an easy-to-use index.

If you have any questions for Education, please email us at learningcenter@ncmahq.org.