Overview
Français
Read this article from a comprehensive knowledge base, updated and supplemented with articles reviewed by scientific committees.
Read the articleAUTHOR
-
Alain DESROCHES: Professor at École Centrale Paris - Former risk management expert at the Centre national d'études spatiales - Member of the INERIS Scientific Advisory Board
INTRODUCTION
In order to exist and ensure its long-term survival, if not its very survival, every company needs to maintain recurring activities and new activities in the form of research and development projects leading to the production and/or exploitation of products.
Business management, project management, facility management and product use all generate risks, due to the hazards inherent in the management process. Whether these risks are positive (also known as speculative), i.e. voluntarily taken as a result of hoped-for gains, or negative as a result of harm caused or suffered, depends essentially on the nature of the activity concerned and the maturity of management. We can consider that they are likely to influence all or part of the process, and ultimately its objectives.
Thus :
For a company, the positive risks induced by its management "s decisions for its development, or the negative risks it suffers due to poor organization, competition, etc., can improve or hinder its results and, more generally, its long-term viability;
for a project, the structural risks induced by inadequate consideration of requirements, poor organization or insufficient technology, and the cyclical risks linked to the hazards of the project's progress and management, can thwart the achievement of its objectives in terms of performance, costs and deadlines;
for a product, the risks induced by its nature, use or operation (installation) can thwart its sales or productivity targets, whether or not they are combined with safety targets that are not met.
The product is the result of a project. The operation itself can be likened, in whole or in part, to business management.
Within the framework of an existing industrial policy, project management is the activity associated with the iterative process bringing together technical, financial and human resources to achieve customer-specified objectives in terms of technical and operational performance and product safety, combined with project cost and time.
In large-scale projects, performance objectives generally cover only the functional and operational (non-safety) requirements of the product (e.g. its availability). The product's safety level is defined by a specific objective and is the subject of special studies.
The strategy put in place by the project manager to achieve this must take account of risk factors, i.e. uncertainties, sources of danger or disturbances which exist structurally before and at the start of the project and/or which may...
The Ultimate Scientific and Technical Reference
This article is included in
Unit operations. Chemical reaction engineering
This offer includes:
Knowledge Base
Updated and enriched with articles validated by our scientific committees
Services
A set of exclusive tools to complement the resources
Practical Path
Operational and didactic, to guarantee the acquisition of transversal skills
Doc & Quiz
Interactive articles with quizzes, for constructive reading
Project risk management
General
Bibliography
Standards and norms
- Space systems – Risk management (classification index: L90-401). - NF EN ISO 17666 - (2003)
- Space systems – Assessment of practical knowledge – Principles and guidelines. - ISO/DIS 16192 - 2007
The Ultimate Scientific and Technical Reference
