Creating Outstanding Systems Engineers > Risks in the project development life cycle Session 1 (COSE Lesson 31)

Risks in the project development life cycle Session 1 (COSE Lesson 31)

This module introduces risk management focusing on risk prevention as well as the traditional risk mitigation

Contents

  1. Events, risks and uncertainty
  2. The traditional and systems approaches to risk management
  3. Risk rectangles and why they should ever be used
  4. Risk profiles and why you should be using them
  5. Preventing risks in the SDP
  6. Managing uncertainty
  7. Why you should the use the Technology Availability Window of Opportunity rather than the Technology Readiness Level
  8. Ways of estimating and measuring risks
  9. Primary and secondary risks and why secondary risks must be considered
  10. Contingencies and contingency plans

Notes

  • 0501-1 Risks in the project development life cycle notes (Version 1.7.11)

Readings

  • 0502 Systems Engineering (SE) Chapter 7 An introduction to managing risk and uncertainty over the project life cycle
  • 0503 FUSE Chapter 10, Systems engineers are from Mars, software engineering are from Venus