Characteristics of successful risk management in product design

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...

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Bibliographic Details
Main Authors: Olechowski, Alison Louise (Contributor), Oehmen, Josef (Contributor), Seering, Warren (Contributor), Ben-Daya, Mohamed (Contributor)
Other Authors: Massachusetts Institute of Technology. Department of Mechanical Engineering (Contributor), MIT Sociotechnical Systems Research Center (Contributor)
Format: Article
Language:English
Published: 2013-05-17T16:11:29Z.
Subjects:
Online Access:Get fulltext
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100 1 0 |a Olechowski, Alison Louise  |e author 
100 1 0 |a Massachusetts Institute of Technology. Department of Mechanical Engineering  |e contributor 
100 1 0 |a MIT Sociotechnical Systems Research Center  |e contributor 
100 1 0 |a Oehmen, Josef  |e contributor 
100 1 0 |a Oehmen, Josef  |e contributor 
100 1 0 |a Seering, Warren  |e contributor 
100 1 0 |a Olechowski, Alison Louise  |e contributor 
100 1 0 |a Ben-Daya, Mohamed  |e contributor 
700 1 0 |a Oehmen, Josef  |e author 
700 1 0 |a Seering, Warren  |e author 
700 1 0 |a Ben-Daya, Mohamed  |e author 
245 0 0 |a Characteristics of successful risk management in product design 
260 |c 2013-05-17T16:11:29Z. 
856 |z Get fulltext  |u http://hdl.handle.net/1721.1/78918 
520 |a 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. 
520 |a King Fahd University of Petroleum and Minerals (Center for Clean Water and Clean Energy at MIT and KFUPM (R11-DMN-09)) 
520 |a Massachusetts Institute of Technology. Lean Advancement Initiative 
546 |a en_US 
655 7 |a Article 
773 |t Proceedings of DESIGN 2012, the 12th International Design Conference, Dubrovnik, Croatia