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Implementation of Opportunity & Risk Management in BAE SYSTEMS Astute Class Limited – A Case Study Andrew Moore

By Astute Risk Manager, Alec Fearon, Mark Alcock and Astute Risk Team

Abstract

Marconi Systems are gratefully acknowledged. BAE SYSTEMS Astute Class Limited (ACL) was set up in 1997 as an independent company within GEC Marconi to manage the £1.8B prime contract for the next generation of nuclear submarines to be designed and built for the UK Royal Navy. The company now also manages upgrade contracts for the existing submarines and a risk reduction contract for the second buy of Astute Class submarines announced by the Defence Procurement Minister at the keel laying ceremony for HMS ASTUTE on 31 January this year. Over the past 4 years, the company has evolved a management system for opportunity and risk to support the proactive management of the business and projects. This paper identifies some of the approaches taken and discusses some of the more valuable lessons learned

Year: 2011
OAI identifier: oai:CiteSeerX.psu:10.1.1.199.7409
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