Posts Tagged
‘risk management’

The trigger is a new concept to those acquainted with the FMEA approach to problem elimination. The trigger event (or threshold) is how we know we need to invoke our risk reduction activities and is direct responsibility of the person monitoring. Risk Response and Contingency Budgets Each risk dollar amount at stake is multiplied by […]

We recommend a modified version of the FMEA approach to assessing the risk. The approach is tailored to the needs of project and program managers. We will model the time line as a control plan with minimal controls other than the typical tollgate reviews and, perhaps, team meetings. We know from personal experience that treating […]

Experience suggests risk management happens after we have already encountered numerous and severe risks.  We can see engineers bringing “risks” to the project manager when we are already witnessing the symptoms and the impact to the project is inevitable. To be relevant, risk management has to occur when there is time to plan actions that […]

A qualitative analysis will generally involve a subjective level of assessment. The classic Kastle-Meyer test uses phenolphthalein to check for blood—it is quick and cheap and eliminating expensive and specious DNA testing save times and money. Quantitative analysis, as the name implies, uses measurements to assess the topic of concern. Both have their place in […]

by Kim H Pries and Jon M Quigley Configuration management quality will have a significant impact on the system. If configuration management is necessary for component development, producing a collection of parts that make up a system is even more complicated. Developing and delivering a workable system to test and subsequently delivering it to the […]

By Wally Stegall and Jon M Quigley: In today’s global economy the laws and regulations governing materials used in products is ever changing. One way to stay ahead or at least know where a product stands relative to laws and a regulation is to know the material content of the product from day one. If […]