Managing risk in development and initial production

Managing risk in development and initial production

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Article ID: iaor1995526
Country: United Kingdom
Volume: 32
Issue: 7
Start Page Number: 1591
End Page Number: 1597
Publication Date: Jul 1994
Journal: International Journal of Production Research
Authors:
Keywords: production
Abstract:

Risk analysis is frequently carried out on projects in feasibility and project definition. However, in full development and initial production often the risk is not monitored and controlled, and many projects fail at this point. This paper describes some proposed methods making up an integrated risk management structure, based on project experience, particularly with the defence industry.

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