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Accession Number N14-0000958
Title NASA's Risk Management System.
Publication Date Nov 2013
Media Count 22p
Personal Author J. S. Perera
Abstract Phased approach for implementation of risk management is necessary. Risk management system will be simple, accessible and promote communication of information to all relevant stakeholders for optimal resource allocation and risk mitigation. Risk management should be used by all team members to manage risks - not just risk office personnel. Each group/department is assigned Risk Integrators who are facilitators for effective risk management. Risks will be managed at the lowest level feasible elevate only those risks that require coordination or management from above. Risk informed decision making should be introduced to all levels of management. Provide necessary checks and balances to insure that risks are caught/identified and dealt with in a timely manner. Many supporting tools, processes & training must be deployed for effective risk management implementation. Process improvement must be included in the risk processes.
Keywords Coordination
Decision making
Resource allocation
Risk management

Source Agency National Aeronautics and Space Administration
NTIS Subject Category 70 - Administration & Management
84 - Space Technology
Corporate Author National Aeronautics and Space Administration, Houston, TX. Lyndon B. Johnson Space Center.
Document Type Technical report
Title Note N/A
NTIS Issue Number 1420
Contract Number N/A

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