Project X Presentation November 19, 2010. Risk management plan (RMP) Foresee risks Estimate plan effectiveness Prepare plans to mitigate problems.

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Presentation transcript:

Project X Presentation November 19, 2010

Risk management plan (RMP) Foresee risks Estimate plan effectiveness Prepare plans to mitigate problems

Foresee risks Working with Department of Defense Product may be dangerous Want to protect workers, and public Important to avoid lawsuits

Estimate plan effectiveness Imagine possible risks Plan for potential outcome – Good – Bad Be prepared in the event of all outcomes Routinely test our plan in imagined but plausible scenarios

Prepare plans to mitigate problems Use test results to develop action plans Ask workers for opinions of safety Study other corporations safety evaluations Research real danger events and their outcomes Practice, practice, practice Remain vigilant

Education Advantages – Feasible – Acceptable to most – Protection – Avoid lawsuits Disadvantages – Dangers unforeseen – Perceived cost – Extra work – Time waste

FMEA Failure mode and effects analysis is a way to evaluate potential production problems – Concept FMEA – Design FMEA – Process FMEA We can easily see breakdowns in current companies

References O’Dwyer, M.J. (2010) Real-Life Examples of FMEA. management/articles/72966.aspx. Last accessed November 19, 2010.

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