Financial Management: June 2013 Archives

NASA, Deloitte To Bring Space-Age Risk Management To Oil And Gas Industry, NASA JSC

"NASA Johnson Space Center and Deloitte will enter into a strategic alliance offering advanced risk-management services to oil and gas companies. The Space Act Agreement commencement ceremony is scheduled for 1:30 p.m. Central, Thursday, June 27.

These capabilities include several operational risk-management approaches aimed at companies seeking to minimize the risk of catastrophic failures - the kinds of dramatic mishaps that, while highly unlikely, can occur in remote and harsh environments."

Marc's note: You would think companies in the Oil and Gas industry would already be well versed in this area but perhaps JSC can provide risk-modeling and simulation tools they don't already have.

Final Report - IG-13-016 - NASA's Management of Commercial Orbital Transportation Services and ISS Commercial Resupply Contracts, NASA OIG

"The OIG review found that despite an almost 3-year delay in development, SpaceX completed its demonstration flights and two resupply missions to the ISS. Although each experienced some anomalies, none was serious enough to substantially impact the missions."

"Similar to SpaceX, Orbital has experienced delays in its development program and these delays in turn caused substantial delays to the planned flight schedule for the company's resupply missions to the Station. However, until recently NASA did not adjust its payment schedule to Orbital in light of these delays."



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This page is an archive of entries in the Financial Management category from June 2013.

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