RISK MANAGEMENT

ABSTRACTS

LESSONS LEARNED (LL) / BEST PRACTICES (BP)

• Case Study: Risk Management Methodology and Lessons Learned - Abstract: This paper follows the problem of implementing standard risk management methodology as used on the USAF Boost Surveillance and Tracking System (BSTS) Missile Defense Program and applying that methodology to an Australian Air Defence System Programme. Problems involved understanding of the risk assessment questions by the design engineers, risk data collection and processing methods, audit & review techniques, presentation techniques, etc. The methodology and revisions thereto are described. Problems and why they occurred are discussed. Lessons learned and how they can be applied to programs in the future are covered. Standard and well-known Risk Management approaches find many problems when a rigid and formal risk management structure is imposed on young Australian and UK design engineers who have not been exposed to such a program.