Accession Number : ADA626690
Title : Technical Risk Identification at Program Inception
Descriptive Note : Final rept.
Corporate Author : AEROSPACE CORP EL SEGUNDO CA
Personal Author(s) : Hsu, Andrew Y ; Weir, Amy
Report Date : 20 Apr 2014
Pagination or Media Count : 34
Abstract : Risk management is a robust and well documented process applied in commercial industries and government programs and risk identification is an important first step in the process. Problems were frequently not previously identified as risks and therefore the methods and tools available to manage those risks were not implemented. The purpose of this document is to help the space community recognize barriers that inhibit effective baseline risk identification, and provide methods to help customer's and contractors more effectively address these barriers. Specifically this document is targeted at prime and subcontracting agents, risk process owners, and risk management practitioners. Total risk identification for any program is neither practical, nor is it absolutely measurable. Approaches to provide an indication of the completeness of risk identification are described in this document. Utilizing the recommended methods can provide a good indication of the unidentified risk exposure at program inception and throughout the lifecycle. Once identified, each risk can be assessed, and the program can either consciously accept it or plan to mitigate, track , and report status using established tools and methods. The Risk Management activities after identification are unique to each organization, customer, product line, or program and are not within the scope of this document.
Descriptors : *DEFENSE INDUSTRY , *MANAGEMENT PLANNING AND CONTROL , *RISK MANAGEMENT , BARRIERS , CONTRACTORS , GOVERNMENT PROCUREMENT , IDENTIFICATION , INTERPERSONAL RELATIONS , LIFE CYCLES , ORGANIZATIONS , PROJECT MANAGEMENT , SPACE SYSTEMS , TEST AND EVALUATION , TOOLS , UNITED STATES GOVERNMENT
Subject Categories : Administration and Management
Government and Political Science
Mfg & Industrial Eng & Control of Product Sys
Distribution Statement : APPROVED FOR PUBLIC RELEASE