A Step toward Risk Mitigation during Conceptual Product Design: Component Selection for Risk Reduction
Abstract
The objective of this article is to introduce a method that will mitigate product risks during the conceptual design phase by identifying design variables that affect product failures. By using this comprehensive, stepby- step process that combines existing techniques in a new way, designers can begin with a simple functional model and emerge from the conceptual design phase with specific components selected with many risks already mitigated. The risk in early design (RED) method plays a significant role in identifying failure modes by functions, and these modes are then analyzed through modeling equations or lifespan analyses, in such a manner that emphasizes variables under the designers' control. With the valuable insight this method provides, informed decisions can be made early in the process, thereby eliminating costly changes later on.
Recommended Citation
D. Krus and K. Grantham, "A Step toward Risk Mitigation during Conceptual Product Design: Component Selection for Risk Reduction," Journal of Failure Analysis and Prevention, vol. 11, no. 4, pp. 432 - 445, ASM International, Aug 2011.
The definitive version is available at https://doi.org/10.1007/s11668-011-9452-1
Department(s)
Engineering Management and Systems Engineering
Keywords and Phrases
Concept selection; Lifespan analysis; Risk analysis
International Standard Serial Number (ISSN)
1547-7029; 1864-1245
Document Type
Article - Journal
Document Version
Citation
File Type
text
Language(s)
English
Rights
© 2011 ASM International, All rights reserved.
Publication Date
01 Aug 2011
