Application of readiness approach to risk management for materiel life cycle

Author

Zhao, G. ; Zhao, G.Y. ; Zhao, T.D. ; Xing, C.G.

Author_Institution

Sch. of Reliability & Syst. Eng., Beijing Univ. of Aeronaut. & Astronaut., Beijing, China

fYear

2010

fDate

2-5 June 2010

Firstpage

1270

Lastpage

1274

Abstract

In order to reduce the risks for material development effectively, technology readiness is always highlighted during material acquisition. This paper discusses readiness assessment method based on technology readiness and applies the method to risk management for material development. This paper introduces readiness and readiness-related concepts and describes several popular readiness models, discusses the process of risk management, and then puts forward the method for applying readiness assessment to risk management and gives the thought and flow of such application.

Keywords

materials preparation; risk management; material acquisition; material development; material life cycle; readiness assessment method; risk management; risk reduction; Capability maturity model; Computer industry; Extraterrestrial measurements; Forward contracts; Humans; Project management; Risk management; Space technology; Testing; Uncertainty; Readiness; Risk assessment; Risk control; Risk management; Technology readiness;

fLanguage

English

Publisher

ieee

Conference_Titel

Management of Innovation and Technology (ICMIT), 2010 IEEE International Conference on

Conference_Location

Singapore

Print_ISBN

978-1-4244-6565-1

Electronic_ISBN

978-1-4244-6566-8

Type

conf

DOI

10.1109/ICMIT.2010.5492815

Filename

5492815