RISKS IN PRODUCT DEVELOPMENT: ADVANCEMENTS IN RECENT YEARS
Editor: Marjanovic Dorian, Storga Mario, Pavkovic Neven, Bojcetic Nenad, Skec Stanko
Author: Juranić, J.; Marjanović, D.; Pavković, N.
Section: DESIGN METHODS
Risks in product development appear even in the development of the simplest products. As the product and development process are more complex, risk management is gaining the importance. In the world where success is the key to survival, it is very important to manage the risks and try to reduce their probability and impact. The paper reviews the literature on risk management advancements in product development in recent years. New methods and recommendations, as well as structure of risk management process according to international standard are presented.