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HIB - Maxwell Gunter Annex

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<strong>HIB</strong>A c t i v e R i s k M a n a g e r ( A R M )ARM is a web-based, Commercial-Off-The-Shelf (COTS) risk management tool thatempowers Program Management Offices (PMOs) and senior stakeholdersto make informed decisions based on a structured risk management process.M I S S I O NP r o v i d e s R i s kM a n a g e m e n tc a p a b i l i t y f o rt h e A i r F o r c et o e n a b l e t h ew a r f i g h t e r t of l y , f i g h t a n dw i n !PROGRAM CAPABILITIESARM supports Life-Cycle Risk Management and is used for:• Risk Identification: capture of concerns, risks and issues• Risk Assessment: assessment of the severity and likelihood of each risk• Risk Handling: putting in place Mitigation and Contingency plans and associated actions toavoid risks or reduce their impact• Risk Analysis: calculation of forecast project cost after taking risk into considerationBENEFIT/VALUE TO THE WARFIGHTERActive Risk Manager (ARM) supports the DoD and Air Force Risk Management Processes by:• Facilitating Risk Planning, Analysis, Handling and Control• Providing a framework for program stakeholders to make informed decisions based on astructured risk management process• Providing standard reporting across programs• Providing dashboard views via Microsoft (MS) SharePointCONTACTTo learn more about ARM, visit the ARM Community of Practice (CoP):https://www.my.af.mil/afknprod/armor contact the ARM Program Office through the USAF ARM Support Desk atUSAF.ARM.Support@wpafb.af.mil24

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