In Element 2, “Identify and Document Hazards” of the System Safety Process, hazards are identified and recorded in a document. Hazards should be identified through a systematic analysis process that included determining a hazard order of precedent. An order of precedence is a sequential hierarchy of nominal importance of items from Low Risk to …
Standard Software-related Risks should be addressed on every program with significant software content. These are risks that can be addressed by the proper attention up front, but while such attention may reduce the level of risk, the only thing that can fully eliminate these risks is the maturing of the understanding of the system and …
Typical risk sources include: [1] Threat: The sensitivity of the program to uncertainty in the threat description, the degree to which the system design would have to change if the threat’s parameters change, or the vulnerability of the program to foreign intelligence collection efforts (sensitivity to threat countermeasure). Requirements: The sensitivity of the program to …
The Risk Reporting Matrix is used to determine the level of risks identified within a program. The level of risk for each root cause is reported as low (green), moderate (yellow), or high (red). Risk Reporting Matrix Goals The overall goal of risk reporting is to provide the Program Manager and project personnel with a …
The Program Manager (PM) is responsible for making sure everyone, who is required, on their team has the required risk knowledge to do their job. Training is an important part of this. Getting the program team organized and trained to follow a disciplined, repeatable process for conducting a risk assessment (identification and analysis) is critical …
Software Risk Estimation is one of the most significant risks faced by any weapon system program. The ability to properly estimate software size, effort, and schedule is crucial and must be address by every Program Manager (PM). Visit: Software Estimation Process Consideration Visit: Estimating Reuse Feasibility The following factors contribute to software estimation risk: Ability …
A Risk Analysis may identify a number of risks that appear to be of similar ranking or severity. When too many risks are clustered at or about the same level, a method is needed to prioritize risk responses and where to apply limited resources. Such a method should be tied to mission/business needs and maximize …
A Risk Register is a Risk Management tool used by the Program Manager (PM) and program personnel that provides a means of recording the identified risks, the Risk Analysis of their severity, and the necessary management actions to be taken. It can be a simple document, spreadsheet, or computer database system and acts as a …
The Risk Mitigation Plan should be realistic, achievable, measurable, and documented and address the following topics: [1] A descriptive title for the identified risk; The date of the plan; The point of contact responsible for controlling the identified root cause; A short description of the risk (including a summary of the performance, schedule, and resource …
The objective of a well-managed risk management program is to provide a repeatable process for balancing cost, schedule, and performance goals within program funding. This is especially true on programs with designs that approach or exceed the state-of-the-art or have tightly constrained or optimistic cost, schedule, and performance goals. Without effective risk management, the Program …
