A risk mitigation methodology for new product and process design in concurrent engineering projects
Identifieur interne : 009755 ( Main/Exploration ); précédent : 009754; suivant : 009756A risk mitigation methodology for new product and process design in concurrent engineering projects
Auteurs : B. Kayis [Australie] ; G. Arndt [Australie] ; M. Zhou [Australie] ; S. Amornsawadwatana [Australie]Source :
- CIRP annals [ 0007-8506 ] ; 2007.
Descripteurs français
- Pascal (Inist)
- Wicri :
- topic : Budget, Produit nouveau.
English descriptors
- KwdEn :
Abstract
Based on earlier work on risk quantification, a new risk mitigation methodology is developed for new product and process design in concurrent engineering projects. First the most prominent risks in the product life cycle are identified and quantified. Then five computational algorithms are developed and used to find feasible solutions for mitigating these risks: Least-Cost-First, Highest-Risk-First, Minimum-Cost-Risk-Ratio- First, Random-Search and a Genetic Algorithm. Based on the available mitigation budget and strategic objectives of the project the best mitigation strategy is then recommended to the project managers. Actual financial outcomes of an industry project were used to successfully validate the methodology.
Affiliations:
Links toward previous steps (curation, corpus...)
- to stream PascalFrancis, to step Corpus: 003A22
- to stream PascalFrancis, to step Curation: 002666
- to stream PascalFrancis, to step Checkpoint: 003A90
- to stream Main, to step Merge: 00A202
- to stream Main, to step Curation: 009755
Le document en format XML
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<term>Concurrent engineering</term>
<term>Costs</term>
<term>Design process</term>
<term>Engineering design</term>
<term>Genetic algorithm</term>
<term>Life cycle</term>
<term>New product</term>
<term>Probabilistic approach</term>
<term>Process planning</term>
<term>Product development</term>
<term>Project management</term>
<term>Search algorithm</term>
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<keywords scheme="Pascal" xml:lang="fr"><term>Conception ingénierie</term>
<term>Préparation gamme fabrication</term>
<term>Processus conception</term>
<term>Ingénierie simultanée</term>
<term>Cycle développement</term>
<term>Coût</term>
<term>Budget</term>
<term>Gestion projet</term>
<term>Développement produit</term>
<term>Produit nouveau</term>
<term>Approche probabiliste</term>
<term>Algorithme recherche</term>
<term>Algorithme génétique</term>
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<term>Produit nouveau</term>
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<front><div type="abstract" xml:lang="en">Based on earlier work on risk quantification, a new risk mitigation methodology is developed for new product and process design in concurrent engineering projects. First the most prominent risks in the product life cycle are identified and quantified. Then five computational algorithms are developed and used to find feasible solutions for mitigating these risks: Least-Cost-First, Highest-Risk-First, Minimum-Cost-Risk-Ratio- First, Random-Search and a Genetic Algorithm. Based on the available mitigation budget and strategic objectives of the project the best mitigation strategy is then recommended to the project managers. Actual financial outcomes of an industry project were used to successfully validate the methodology.</div>
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<li>Sydney</li>
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<name sortKey="Amornsawadwatana, S" sort="Amornsawadwatana, S" uniqKey="Amornsawadwatana S" first="S." last="Amornsawadwatana">S. Amornsawadwatana</name>
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