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Developing a Taxonomy for Risks in Product Design and Development

Developing a Taxonomy for Risks in Product Design and Development

Year: 2012

Section: Conceptual Papers

Editor: Peter Heisig, John Clarkson

Author: Josef Oehmen, Mohamed Ben-Daya

Series: MMEP

Section: Conceptual Papers

Pages: 003-014

ISBN: 978-0-9564691-3-7

Abstract

Based on a review of the pertinent literature, we develop a taxonomy to classify risks in product design and product development. The taxonomy is based on a matrix differentiating the impact areas in two dimensions: First, regarding their impact on the utility function (1. risks affecting either stakeholder needs or 2. risks affecting project outcomes), and second, regarding the area of impact (1. Program process execution attributes or 2. Engineering artefact attributes). The chapter concludes with results of an empirical quantification of selected categories of risks within the newly developed framework.

Keywords: Risk management, product development, taxonomy

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ds workshopMMEP 2012 - Workshop on Modelling and Management of Engineering Processes

The Special Interest Group (SIG) on Modelling and Management of Engineering Processes (MMEP) will hold its meeting on 29-30 November 2012 as a Workshop. If you are interested in attending or learning more please contact Ms Suzanne Williams or Ms Mari Huhtala, Email: edc-enquiries@eng.cam.ac.uk Following the research roadmapping work carried out in 2009-2010, topics of the SIG are: - Metrics & ROI & Value of process modelling - Human factors in process modelling and management -...

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Special Interest Group (SIG)Modelling and Management of Engineering Processes

Modelling and Management of Engineering ProcessesThe MMEP Special Interest Group aims to support industry in understanding, modelling and running design processes by bringing together a community of design researchers and interacting with industry by identifying research challenges in MMEP and working together to resolve them. The SIG investigates strategies, approaches, methods, and tools for modelling, building up, optimising and managing design processes of complex engineering products. The SIG members work closely with industry and the...

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SIG Workshop - March 2013 - 1