Gartner Research

Capability-Based Risk Assessment (Lockheed Martin)

Published: 18 January 2016

ID: G00362201

Analyst(s): Quality Research Team

Summary

Typically, supplier risk assessment methodologies focus on obvious risks, such as supplier solvency, but fail to identify and objectively measure equally dangerous performance and technical risks. Lockheed Martin starts with a comprehensive catalog of performance risk factors and provides staff with user-friendly and objective audit guidelines to assess suppliers' risk on each factor to produce an overall risk score (e.g. "deal breaker", "acceptable but alert business unit", etc.).

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