Join Now!

Join our welcoming International Design Community.

Read about the many benefits of becoming and remaining a member.

Full, Associate, Departmental and Institutional Membership available.

Complete this application form to join now.

Banner
Papers

Project Risk Management using DSMs

Project Risk Management using DSMs

Year: 2013

Section: Project and Process Management

Editor: Scheurmann, E.; Maurer, M.; Schmidt, D.; Lindemann, U.

Author: Minogue, P.

Series: DSM

Institution: Analog Devices International, Ireland

Section: Project and Process Management

Pages: 29-36

ISBN: 978-3-446-43803-3

Abstract

In best practice Project Management (PM) and project schedule creation, a Work Breakdown Structure (WBS) is a prerequisite for comprehensive task identification. Where task dependencies are sufficiently complex, process architecture or task-based Design Structure Matrices (DSMs) can be used to visualise, analyse and optimise those dependencies. This paper explores a new way to apply process architecture or task-based DSMs to the field of general project Risk Management (RM). In best practice RM, a Risk Breakdown Structure (RBS) is a prerequisite for comprehensive risk event identification. Where risk event dependencies are sufficiently complex, a risk-response-based DSM can be used to visualise, analyse and optimise those dependencies. Furthermore, a Domain Mapping Matrix (DMM), essentially part of a bigger Multi Domain Mapping (MDM) methodology, can be used to identify the relationships between project risk responses and project tasks. All (task-to-task, risk-response-to-risk-response, risk-response-to-task) dependencies can then be captured in an overall task-and-risk-response-based DSM, thereby ensuring that the sequencing of both tasks and risk responses can be optimised.

Keywords: DSM, Project Management, Risk Management, WBS, RBS, DMM, MDM

Buy NowBuy Now

Member price: 0.00 GBP (Join Now)
Full price: 3.00 GBP

Shopping Cart
ds endorsed conferenceDSM 2013 - 15th International DSM Conference, Melbourne, Australia

Dependency and Structure Modeling (DSM) originates from the methods that have come about from using the Design Structure Matrix and similar methods (matrix-based as well as graph based). These methods have proven very valuable in designing complex systems, optimizing technical systems and product architectures and organizations, densely networked processes and large market structures. With its ability to manage complexity by looking into the structure of a system, it has led to many other advances...

Read More

Join Now!

Join our welcoming International Design Community.

Read about the many benefits of becoming and remaining a member.

Full, Associate, Departmental and Institutional Membership available.

Complete this application form to join now.

Keywords
SIG Workshop - March 2013 - 1