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Embry-Riddle Aeronautical University

2022

Aviation Risk

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Aviation Risk Management, Tracey M. Richardson, Jim W. Marion Jr. Phd, Rachel Vigness Jan 2022

Aviation Risk Management, Tracey M. Richardson, Jim W. Marion Jr. Phd, Rachel Vigness

International Journal of Aviation, Aeronautics, and Aerospace

Risk management plans form a central part of all projects. However, projects in industries such as aviation and aerospace face serious risks due to the inherent hazards that may endanger the lives of those who utilize the products and services resulting from such projects. This study examined the practices of 56 project managers in the field of aviation to understand the unique approach to risk management undertaken by project managers. The results of the study offers approaches to managing risk in project characterized by extreme hazard.