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Risk management approach in engineering and project management to better assess and avoid risks in the final product

Posted on:2007-09-19Degree:M.SType:Thesis
University:University of Houston-Clear LakeCandidate:Varghese, Nirmala KFull Text:PDF
GTID:2449390005479515Subject:Engineering
Abstract/Summary:
The purpose of this research is to study and facilitate the development of new approaches to Risk Management (RSKM) within the engineering-cycle of a product's development. Poor RSKM during the development phase of a product can lead to more problems being found later in the life-cycle, which are then more difficult to resolve. These risks can be costly and time consuming. Good RSKM habits can mitigate these issues to prevent the risks before they turn into a problem.
Keywords/Search Tags:RSKM, Management, Risks
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