risk management and rm tools 2 may 2007 incose – newport news, va chapter
TRANSCRIPT
RISK MANAGEMENTand RM Tools
2 May 2007
INCOSE – Newport News, VA Chapter
2 May 2007 2
RISK MANAGEMENT
2 May 2007 3
Risk Management Focus
• PM / project risk
• Operational Risk Mgt ORM
• R&E Technical Risk (Grounding Bulletins)
2 May 2007 4
Why Risk Management?
• Cost
• Schedule
• Technical Performance
2 May 2007 5
Comprehensive Risk Management
Planning and Organizing
RMPRMP
Risk Mgt Plan Risk Board
Process
Policy and Guidance
• NAVAIRINST 5000.21A
• RM Guide for DoD Acquisition
Tools & Training
RiskIdentification
RiskMitigation
Plan Implementation
RiskMitigationPlanning
RiskAnalysis
RiskTracking
• Integrated and Stand-Alone Risk Mgt Tools
• NAVAIR Class Desk training
• DAU
Lik
elih
ood
Consequence
1
2
3
4
5
1 2 3 4 5
2 May 2007 6
Evolution of Risk Management
Ancient Risk Management
20th Century Risk Mgt
21th Century Risk Mgt
2 May 2007 7
RISK TOOLS
2 May 2007 8
Consequence vs. Likelihood Mnemonics
Lik
elih
ood
Consequence
1
2
3
4
5
1 2 3 4 5
2 May 2007 9
Risk Project Summary Home Page
2 May 2007 10
Risk Item Description
2 May 2007 11
Initial Risk Assessment
2 May 2007 12
Risk Mitigation Plans
2 May 2007 13
View Risk Details
2 May 2007 14
Risk Summary Reports
2 May 2007 15
Risk Reports by Team or Category
2 May 2007 16
Risk Tool Benefits
• Risk Item database provides single source for risk item workflow tracking
• Enable 1 or more mitigation strategy plan and implementation tracking
• Facilitate Risk Board Review
• Reports– Standardized
– Ad Hoc
2 May 2007 17
Risk Board Reports – Watch List
2 May 2007 18
Risk Board Reports – No Mitigation Plan
2 May 2007 19
Benefits of RiskExchange
• Implementation of RiskExchange in PMA has provided several benefits in the Risk Management Program– Consistent data and severity analysis across the PMA
– Improved configuration management of risk reporting
– Centralized database for risk management information• Provides better accessibility to data
• Reporting and search tools
• Fosters cross IPT communication
– Web-based application is easy to deploy• Access on or off-base
• Little to no training requiredJohn Kovach, Northrop Grumman
NAVAIR PMA Support
2 May 2007 20
Conclusions
• Risk Management makes good business sense
• Any tool is better than no tool
• SERC and NSERC provide turn-key access to web-based Risk Management Tools with database administration support and training
2 May 2007 21
Law of Unanticipated Consequences
2 May 2007 22
Questions?
Scott McLellan
Director of Aviation Programs
301-233-3300
Linkage between program requirements and risk management can help avoid unintended end results!