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1.3.2 LIFE CYCLE RISK MANAGEMENT
Author(s) -
Brekka Lawrence T.,
Vlay George J.
Publication year - 1995
Publication title -
incose international symposium
Language(s) - English
Resource type - Journals
ISSN - 2334-5837
DOI - 10.1002/j.2334-5837.1995.tb01880.x
Subject(s) - schedule , risk analysis (engineering) , risk management , computer science , mainstream , product life cycle management , selection (genetic algorithm) , process (computing) , phase (matter) , control (management) , systems engineering , engineering , reliability engineering , business , artificial intelligence , mechanical engineering , chemistry , organic chemistry , finance , operating system , philosophy , theology
Risk management using available engineering, schedule, and cost data provides a means of integrating the process into the mainstream responsibilities of systems engineering, program control, and program management. The type and detail of data used in different phases of the program life cycle differ, and different tools are needed to assess the potential impacts of the risks. Careful selection of the data available at each phase of the life cycle insures that the integrated, real‐data approach is easily implemented and effective.