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Strategic Study of CAE >> 2006, Volume 8, Issue 6

The Application of Risk Matrix to Acquisition Risk Evaluation for Weapon and Equipment

1. China Academy Science Institute of Policy and Management, Beijing 100080, China

2. Business School, University of Science and Technology of China, Hefei 230026, China

3. The Equipment Institute of the Second Artillery, Beijing 100085, China

Funding project:“十五”国防重大预研资助项目(413040502) Received: 2005-02-24 Revised: 2005-05-27 Available online: 2006-06-20

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Abstract

Risk evaluation is the basis of acquisition management for weapon and equipment. Based on the totally analyzing and summarizing risk matrix widely used abroad, the paper firsdy discusses the application of risk matrix in acquisition risk evaluation for weapon and equipment in China. Then, the paper, beginning with the two rules of risk impact and risk probability, demonstrates risk evaluation of a type of weapon and equipment as a case study, thus lays a basis for the scientific and rational risk management decision making.

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