Risk assessment (1 - 2 of 2 items) in Past Year
Commercial Space Launch Insurance: Weakness in FAA's Insurance Calculation May Expose the Federal Government to Excess Risk
GAO-17-366: Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.
The Federal Aviation Administration (FAA) has revised its method for calculating insurance requirements to address some known weaknesses. FAA is the part of the Department of Transportation that determines the amount of insurance that commercial space launch companies must purchase to cover damages from accidents that harm third parties—that is, the uninvolved public—or federal property and pe...
Global Positioning System: Observations on Quarterly Reports from the Air Force
GAO-17-162R: Published: Oct 17, 2016. Publicly Released: Oct 17, 2016.
The Air Force’s first Global Positioning System (GPS) quarterly report provided important information on some of the programs’ efforts and details about its full and long-term cost, schedule, performance, testing, and risk. The report included individual program schedules and costs for some programs. However, it did not include an integrated master schedule—key information needed to demonstr...