Guidelines for risk-based prioritization of DOE activities
This standard describes issues that should be considered when comparing, selecting, or implementing risk-based prioritization (RBP) systems. It also discusses characteristics that should be used in evaluating the quality of an RBP system and its associated results. The purpose of this standard is to provide guidance for selecting or developing an RBP system so that when implemented, it will: (a) improve the quality of the RBP systems employed by DOE and its contractors; (b) improve the consistency and comparability of RBP system results; (c) satisfy DOE requests to perform RBP; (d) help ensure that limited resources are used efficiently and effectively; (e) help ensure that characteristics for evaluating RBP systems are met and properly balanced; (f) promote greater understanding, use, and acceptance of RBP systems; (g) promote greater understanding between DOE and its stakeholders and regulators; (h) improve the quality of resource allocation, planning, and scheduling decisions. This standard is applicable to any and all uses of RBP by DOE elements, including cases in which RBP is requested by DOE or is used to help allocate resources among alternatives that compete for resources. Prioritizing alternatives that compete for limited resources encompasses many policy issues that are inherent to an RBP effort. It is the position of this standard that policy issues should be determined by the decision maker(s) requesting the prioritization. For additional information on policy issues, refer to section 10 on Application Guidance for Policy Issues.
Year of publication: |
2009-12-10
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Subject: | mathematics, computers, information science, management, law, miscellaneous | STANDARDS | RECOMMENDATIONS | RISK ASSESSMENT | EVALUATION | US DOE | PLANNING | MANAGEMENT | DECISION MAKING |
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