A Model for the Management of Technical Risk in New Technology Development Programs
Abstract
Inadequately managed technical risks have resulted in setbacks, failures and operational disasters in Department of Defense programs. Therefore, the purpose of this thesis was to synthesize a model that epitomizes a strategy for the management of technical risk. The model was synthesized using the three- pronged effort of: (1) a literature search and review to determine what previous work was done in risk assessment and risk management, (2) case studies of historical, contemporary and prospective new technology development programs, and (3) interviews predominately with Chief Scientists at the Wright Research and Development Center at Wright-Patterson Air Force Base. The model validation was via reviews of the model that were made by the stated interviewees. If the model is used as a technical management guide and decision aid by individual program or project managers at all levels, collective marked improvement in the technical risk management throughout the Department of Defense may be achieved.
Document Details
- Document Type
- Technical Report
- Publication Date
- Sep 01, 1989
- Accession Number
- ADA215624
Entities
People
- Peter B. King
Organizations
- Air Force Institute of Technology