Knowledge Base Repository
In addition to research papers, the Design Society is developing several valuable resources for those interested in the study of design. These include a repository of PhD theses, a library of case studies and transcripts of design activities, and an archive of our newsletters. Please note that these resources are accessible exclusively to Design Society members.
THE RELATION BETWEEN PROJECT RISKS AND ROBUSTNESS OF DESIGN – A CRUCIAL FACTOR OF SUCCESS IN PLANT ENGINEERING
Moehringer, S.
Type:
Year:
2008
Editor:
Marjanovic D., Storga M., Pavkovic N., Bojcetic N.
Author:
Section:
Evaluation and decision
Page(s):
457 - 464
Abstract:
In competitive markets with global sourcing the acquisition phase in plant engineering is essential. It is the aim of the contractor to quote a project with the best price possible in order to compete but a considerable risk is involved. A new approach is presented using the experience of error situations to valuate the risk in the acquisition phase. The risk areas and the risk specification of a potential project are identified and individually valuated. In addition to this the design robustness of the project is configured. In order to achieve a configuration as accurate as possible a matrix correlating the project risk and the project design is established. The matrix helps to identify the critical design areas and their specifications.
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