Title

Risk assessment in concurrent engineering

Document Type

Conference Paper

Peer Reviewed

1

Publication Date

1-1-1995

Journal/Book/Conference Title

Proceedings of the 1995 4th Industrial Engineering Research Conference, May 24, 1995 - May 25

Conference Location

Nashville, TN, USA

Abstract

A method is proposed for decomposing the decision making process based on risk factors in product development (e.g., redesign risk, schedule risk). The IDEF3 methodology is used to capture the macro-decision structure of the design process. Decision sets are identified based on logical connectors in the IDEF3 model. Each decision set corresponds to alternative paths through the IDEF3 model. A risk value is calculated for each path, thus, providing a measure of risk for the corresponding decision set. As a result, the paper (1) provides a method for decomposing the complex decision process inherent to concurrent design, and (2) extends the usefulness of IDEF3 models by integrating IDEF3 semantics, quantitative data, and a formal analysis procedure.

Keywords

Sustainability

Published Article/Book Citation

Proceedings of the 1995 4th Industrial Engineering Research Conference, May 24, 1995 - May 25, Nashville, TN, USA, 1995.

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URL

http://ir.uiowa.edu/mie_pubs/176