Abstract <p>The paper is devoted to solving the urgent problem of effective control over the process of developing an airborne radar monitoring system. The features of the development process are investigated in conditions of uncertainty of data on the technical readiness of its components and taking into account both the stochastic nature of the financing procedure and the duration of the development lifecycle. The advantages and disadvantages of existing methods for assessing the radar development process as a complex system using various risk options are studied. A hypothesis is put forward and formalized on the possibility and expediency of applying financial impact management to the development process for timely adoption of organizational and design decisions to adjust the development to unconditionally meet customer requirements and policy deadlines. The effectiveness of the risk analysis indicator modified based on the results of modeling developed by the scientific school of Academician Yu.V. Shokin is investigated, which takes into account not only the target development dates and the current technical readiness of the radar components, but also the amount and time of necessary financing to ensure that the development process is located in an area with acceptable risk.</p>