Note: The following provides a suggested course description,
objectives, and an outline. These may be modified pending discussion with
the Faculty Chairs, proposing faculty, and other curriculum
reviewers.
Representative Course Description:
An introduction to risk management based upon integrated trade studies
of program performance, cost, and schedule requirements. Topics include
risk planning, risk identification and assessment, risk handling and
abatement, risk impact analysis, management
Representative Course Objectives:
Students gain a solid foundation in applying systems methodology to
product development
Representative Course Topical Areas:
- Introduction and Course Development Background
- Grading Criteria
- Overview of Systems Engineering
- Acquisition Cycle - Commercial vs. Defense
- System Engineering and Risk Management Tasks
- Risk Management Overview
- Risk Management Best Practices
- Integrated Master Plan and Integrated Master Schedule
- Systems Engineering Master Schedule Development Exercise
- Systems Engineering Detailed Schedule and Network Schedules
- Scheduling Tools
- Program Reviews
- Requirements of Identification and Analysis
- Functional Analysis and Allocation
- Requirements Tracking and Requirement Tracking Tools
- Risk Assessment Process
- Risk ID with DOD 4245.7 & Willoughby-Temp.
- Risk Identification by Program Phase
- Risk Assessment Methods
- Quantified Risk Assessment
- Risk Handling Options
- Subcontractor Risks
- Risk Management Decision Points
- An Application of Risk Management Practices
- Overview of Integrated Risk Management
- Monte Carlo Analysis Methods
- Proposal Simulation of High Risk Items
- Cost Risk
- Schedule Risk
- Concurrency Development Risk
- Program Phase/Technique Application
- Decision Analysis
- Performance Risk
- Subcontractor Selection Example
- Controlled Convergence Trade Study Method
- Life Cycle Cost and Effectiveness Analysis Methods
- Cost-Effectiveness Trade Study
- Comprehensive Trade Study
