Annual Symposium of Project Management Institute, Philadelphia, Oct.1999
Management is continuously gaining the attention of the Aerospace industries, as
an essential and integral part of the program management.
This paper provides an overview of Risk Management techniques and standard
procedures applied in Alenia Aerospazio Space Division. Its approach to Risk
Management has been developed in line with the European Cooperation for Space
Standardization (ECSS) Standards. The paper will focus on Risk Management
methods and applications in the field of commercial satellite design, production
and testing, i.e. one of the core businesses of Alenia Aerospazio Space
Risk Management in the
European Space Industry
Space programs are characterized by the
fragmentation of the work due to the high level technology of the space products
and the consequent large number of highly specialized subcontractors. This
aspect does contribute significantly to the complexity of program management and
add a degree of risk, uncertainty, or lack of control over the outcome.
The commercial market demand for better, faster and cheaper project management,
imposes a radical change in the awareness of the overall organization with
respect to risks. The latter will in fact be larger than in an institutional
project (e.g. for the governments or other international agencies), due to the
existence of severe commercial constraints (very limited resources and tight
schedules, i.e. costs and time to market) and the complete shift of design risks
to the contractor by moving from cost reimbursable type contracts to firm fixed
price commercial contracts...........