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Operations Research, Systems Engineering and Industrial Engineering Commons

Open Access. Powered by Scholars. Published by Universities.®

Industrial Engineering

Old Dominion University

2011

Project-risk management

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Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering

A Structured Project-Risk Management And Life Cycle Framework For Complex Systems: Ship Repair And Maintenance (Sr&M) Projects, Michael Craig Plumb Apr 2011

A Structured Project-Risk Management And Life Cycle Framework For Complex Systems: Ship Repair And Maintenance (Sr&M) Projects, Michael Craig Plumb

Engineering Management & Systems Engineering Theses & Dissertations

This dissertation contributes to insights regarding the implications of using Project Risk Management (PRM) and Life Cycle Assessment (LCA) in managing projects for a complex system. The PRM approach apprehends many forms of risk both internal and external within a given project and assists the manager in determining the level of importance of each individual project phase and component to optimize project success. The life cycle approach to project management is used with short-term limitations with respect to a product's life cycle over several years. The literature discusses many tools and techniques that assist project managers in implementing optimal solutions, …