Sources of Schedule Risk in Complex System Development
Name
CP_RiskDri.pdf
Size
53.3 KB
Format
Adobe PDF
Checksum (MD5)
1734485b27f119635fb8510228fafd4d
Author(s)
Browning, Tyson R.
Date Issued
July 26, 1998
Abstract
From one perspective, developing complex systems is an exercise in uncertainty reduction and risk management. In this article I first organize the principle sources of risk in product development into five categories: market risk, product performance risk, technology risk, development cost risk, and schedule risk. Second, I synthesize research findings from literature and interviews with experienced product development managers and system engineers at a major aerospace company regarding the sources of uncertainty underlying one of these categories, schedule risk. Relationships between these sources of schedule uncertainty are shown using a causal framework. The goal of this preliminary work is to highlight areas for increased attention in planning and management processes, while providing a systems view of the effects of certain actions.
Subjects
complex systems
product development (PD)
uncertainty
risk
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Attribution-NonCommercial-ShareAlike 3.0 United States
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