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Prophet™ ‐ The Engine for Integrated Risk Management
Author(s) -
Huff Deborah S.
Publication year - 1997
Publication title -
incose international symposium
Language(s) - English
Resource type - Journals
ISSN - 2334-5837
DOI - 10.1002/j.2334-5837.1997.tb02182.x
Subject(s) - risk management , computer science , scheduling (production processes) , productivity , process (computing) , risk management plan , risk analysis (engineering) , process management , operations management , risk assessment , engineering , it risk management , computer security , business , finance , economics , macroeconomics , operating system
Hughes has developed a powerful risk management toolset, named Prophet™, which has proven highly successful in managing several programs, and is now being deployed throughout Hughes. This paper describes Prophet™ features, the processes it supports, and the concepts behind them. Features include user‐friendly input screens, roll‐up risk factors, automated risk reduction charts, expected cost impact analysis, assessment history and rationale tracking, process productivity aides, tailorability features to suit a broad assortment of programs, integration with master planning and scheduling, tracking of technical performance measures, risk metrics for technical trade studies, and strategic technology maturation planning.