A Step toward Risk Mitigation during Conceptual Product Design: Component Selection for Risk Reduction

Abstract

The objective of this paper 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, step-by-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.

Meeting Name

22nd International Design Engineering Technical Conferences and Computers and Information in Engineering Conference, IDETC/CIE2010 (2010: Aug. 15-18, Montreal, QC, Canada)

Department(s)

Engineering Management and Systems Engineering

Keywords and Phrases

Component selection; Design variables; Functional model; Informed decision; Life span; Modeling equations; Product failures; Risk mitigation; Risk reductions; Specific component; Step-by-step, Computer system recovery; Conceptual design; Failure analysis; Vibrations (mechanical), Product design

International Standard Book Number (ISBN)

978-079184413-7

Document Type

Article - Conference proceedings

Document Version

Citation

File Type

text

Language(s)

English

Rights

© 2010 American Society of Mechanical Engineers (ASME), All rights reserved.

Publication Date

01 Aug 2010

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