This paper enhances the currently available formal risk management models and related frameworks by providing an independent mechanism for checking out their results. It provides a way to compare the historical data on the risks identified by similar projects to the risk found by each framework Based on direct queries to stakeholders, existing approaches provide a mechanism for estimating the p...

Schedule slippage plagues the space industry, and is antinomic with the recent emphasis on space responsiveness. The Government Accountability Office has repeatedly noted the difficulties encountered by the Department of Defense in keeping its acquisition of space systems on schedule, and identified the low Technology Readiness Level (TRL) of the system/payload under development as a principal ...

Decisions based on risk analysis require some form of risk acceptance criteria. Presently the International Maritime Organisation (IMO) has initiated an activity on developing a risk-based approach to safety and environmental protection regulations. Explicit risk estimates are new to the IMO. At present, a number of FSA Trial Applications are presented, giving increased general knowledge of the...

The UK construction industry has been branded as an inefficient, fragmented and non-value delivering industry by prominent critics such as Michael Latham and Sir. John Egan; both have insisted on the need to change the way the industry delivers and manages assets through integrated project processes. Sir. John Egan specifically highlighted the need for significant reduction in project time and ...

Context: In recent years, companies have undergone a renewal of management strategies while searching for space in the market. The involvement of these companies in developing innovative software projects as a form of differentiation in products and services is common. Innovative projects are uncertain by nature, since the behaviour and evolution of the market and technological development may ...

Risk management is widely accepted as a routine activity in software project management. Many project risks are often complex and intertwined. Once some risks are materialized, they spawn active issues which can cause some other risks to occur. Moreover, these risks will have stronger impact than they could happen alone. Such snowball effect has been well known in risk management; however, few ...

In this paper, we describe a methodology for reactively revising schedules in response to unexpected events. The approach is based on recognition of constraint conflicts in the existing schedule. Alternative scheduling actions, each offering selective advantages for conflict resolution, are available for resolving these conflicts. We present a model for action selection based on an analysis of ...

Complex software development is a risky job. The number of unsuccessful projects surpasses the number of successful developments, particularly when large projects are analyzed. This paper describes an approach to develop, retrieve, and reuse management knowledge and experience concerned with software development risks. Scenarios are used to model risk impact and resolution strategies efficacy w...

Judaism considers the duty of preserving life as a paramount injunction. Specific injunctions against suicide appear in the Bible, Talmud, and thereafter. Nevertheless, Jewish tradition emphasizes that one should let himself be killed rather than violate cardinal rules of Jewish law. Mitigating circumstances are found for the six deaths by suicide mentioned in the Bible, for example to account ...