TAILORING RISK MANAGEMENT IN DESIGN
DS 92: Proceedings of the DESIGN 2018 15th International Design Conference
Year: 2018
Editor: Marjanović D., Štorga M., Škec S., Bojčetić N., Pavković N.
Author: Tegeltija, Miroslava; Oehmen, Josef; McMahon, Christopher Alan; Maier, Anja; Kozin, Igor; Škec, Stanko
Series: DESIGN
Section: DESIGN ORGANISATION AND MANAGEMENT
Page(s): 667-678
DOI number: https://doi.org/10.21278/idc.2018.0385
Abstract
While risk quantification research has grown over the last few decades, only a limited number of studies have addressed the overall process integration of these approaches in design risk management. This paper argues that the choice of risk quantification method has strong implications for several process aspects. We investigate current risk management maturity models and suggest an expansion to accommodate requirements originating from the choice of quantification method, and to inform the choice of quantification method, based on other process parameters, validated through 3 case companies.
Keywords: design process, risk management, uncertainty, risk management maturity, tailoring approach