Characteristics of successful risk management in product design
Name
Olechowski, Oehmen et al 2012 - MANUSCRIPT - Characteristics of Successful Risk Management in PD.pdf
Description
Main Article
Size
604.91 KB
Format
Adobe PDF
Checksum (MD5)
aa9f26da29cd60ad3e9be615de96ea97
Author(s) • • •
Olechowski, Alison Louise
Oehmen, Josef
Seering, Warren
Ben-Daya, Mohamed
Date Issued
May 2012
Journal
Proceedings of DESIGN 2012, the 12th International Design Conference, Dubrovnik, Croatia
Citation
Olechowski, A., J. Oehmen, W. Seering, and M. Ben-Daya. "Characteristics of successful risk management in product design." Proceedings of the 12th International Design Conference – DESIGN 2012, pp. 269-278, Dubrovnik, Croatia. May 2012.
Version
Author's final manuscript
Abstract
The paper reports results of one of the largest empirical studies to-date on the impact of design risk management practices on product design success. Through a survey of 224 practices, 38 (in 7 categories) where found to be statistically significant for at least 3 out of 4 performance metrics. The categories are: 1. Organizational Design Experience; 2. Risk Management Personnel and Resources; 3. Tailoring and Integration of Risk Management Process; 4. Risk-Based Decision Making; 5. Specific Mitigation Actions; 6. Monitoring and Review; and 7. Other ISO Risk Management Principles.
MIT Department
Massachusetts Institute of Technology. Department of Mechanical Engineering
MIT Sociotechnical Systems Research Center
Terms of Use
Creative Commons Attribution-Noncommercial-Share Alike 3.0
Persistent DSpace Link
DOI of Published Version
http://www.designsociety.org/publication/31994/characteristics_of_successful_risk_management_in_product_design