Fiscal Year	2020
Division	Research & Sponsored Programs
Department	NPS Naval Research Program
Investigator(s)	Doerr, Kenneth Morman, Erich D.
Sponsor	NPS Naval Research Program (Navy)
Summary	In 2016, the Office of Management and Budget (OMB) issued an update to OMB Circular No. A-123. The update directed agencies to adopt an Enterprise Risk Management (ERM) framework, as a part of an effort to build a capability to identify existing and emerging threats, and to manage those risks in an effective and transparent way. HQMC P&R is leading ERM implementation efforts for the USMC. This research will seek to assist HQMC P&R in that effort. We will examine existing ERM frameworks in the public and private sector to recommend ERM best practices that will be cost effective for the USMC. A key difficulty for any USMC implementation will be finding a way to assess risk across a diverse measures of effectiveness (MOE) and measures of performance (MOP). This research will examine best practice in risk measurement, and multi-criteria assessment (MCA) to advise HQMC P&R on methods of implementing the recommended ERM framework.
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Publications	Publications, theses (not shown) and data repositories will be added to the portal record when information is available in FAIRS and brought back to the portal
Data	Publications, theses (not shown) and data repositories will be added to the portal record when information is available in FAIRS and brought back to the portal