The Risk in Early Design (RED) Method: Likelihood and Consequence Formulations

Abstract

This study focuses specifically on the relationship between function and risk in early design by presenting a mathematical mapping from product function to likelihood and consequence risk assessments that can be used in the conceptual design phase. An investigation of a spacecraft orientation subsystem is used to demonstrate the proposed mappings. The risk assessment presented in this paper is a tool that will aid designers by identifying risks as well as reducing the subjectivity of the likelihood and consequence value from a risk element, provide four key risk element properties (design parameter, failure mode, likelihood, and consequence) for numerous risk elements with a simple calculation, and provide a means for inexperienced designers to effectively address risk in the conceptual design phase. The investigation demonstrates that the method presented in this paper is a useful tool for preliminary identification and assessment of product risks.

Meeting Name

ASME 2006 International Design Engineering Technical Conferences and Computers and Information in Engineering Conference (2006: Sep. 10-13, Philadelphia, PA)

Department(s)

Engineering Management and Systems Engineering

Keywords and Phrases

Consequence Formulations; Risk in Early Design (RED); Risk Assessments; Spacecraft Orientation Subsystem

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2006 American Society of Mechanical Engineers (ASME), All rights reserved.

Publication Date

01 Jan 2006

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