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Risk Management

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The Art of Engineering Leadership

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Abstract

In this chapter we present the objectives of risk management and a maturity model to strengthen the focus on opportunities. Since risk management is a regular activity during the development of any product, we discuss process models which support early risk taking, utilization of opportunities, and proper reduction of threats. We also present practical tips for using FMEA and dealing with field problems.

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Notes

  1. 1.

    A risk may be an opportunity or threat.

References

  1. Buschhüter, O.T., Hamann, J.: Bürgerschaft der freien und Hansestadt Hamburg: Bericht des Parlamentarischen Untersuchungsausschusses „Elbphilharmonie“, Drucksache 20/11500, Hamburg, 2014, p. 46. https://www.buergerschaft-hh.de/parldok. Accessed 1 Oct. 2018, 11:45

  2. Kämpermann, M., Hotes, K.: Elbphilharmonie Hamburg. HamburgMusik gGmbH, Hamburg. https://www.elbphilharmonie.de/media/filer_public/54/57/5457895a-24e5-41dd-9ba2-852a5df31bad/broschuere_elbphilharmonie_hamburg.pdf (2014). Accessed 1 Oct. 2018, 13:00

  3. Hall, E.M.: Managing Risk: Methods for Software Systems Development, p. 60. Addison-Wesley, Boston (1997)

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  5. Boehm, B., Lane, J.A., Kookmanojwong, S., Turner, R.: The Incremental Commitment Spiral Model, pp. 239–241. Addison-Wesley, Boston (2014)

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Author information

Authors and Affiliations

  1. Robert Bosch GmbH, Stuttgart, Germany

    Michael Jantzer & Thomas Michl

  2. ENGENCE Engineering Excellence, Kusterdingen & Stuttgart, Germany

    Godehard Nentwig

  3. ENGENCE Engineering Excellence, Kusterdingen & Stuttgart, Germany

    Christine Deininger

Authors
  1. Michael Jantzer
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  2. Godehard Nentwig
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  3. Christine Deininger
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  4. Thomas Michl
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Corresponding author

Correspondence to Michael Jantzer .

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Jantzer, M., Nentwig, G., Deininger, C., Michl, T. (2020). Risk Management. In: The Art of Engineering Leadership. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-662-60384-0_13

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  • DOI: https://doi.org/10.1007/978-3-662-60384-0_13

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  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-662-60383-3

  • Online ISBN: 978-3-662-60384-0

  • eBook Packages: EngineeringEngineering (R0)

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