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The Risk Management Working Group

The Risk Management Working Group. What it Does & What You Can Do. RMWG Charter. MISSION Improve the ability of the practicing system engineering professional to understand and appropriately apply the process of risk management within the system engineering practice. FUNCTIONS

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The Risk Management Working Group

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  1. The Risk Management Working Group What it Does & What You Can Do

  2. RMWG Charter MISSION Improve the ability of the practicing system engineering professional to understand and appropriately apply the process of risk management within the system engineering practice. FUNCTIONS • Strategic and Operational Planning and Management • Product Planning, Development and Management • Product Maintenance • Needs Definition

  3. About RMWG Members • The INCOSE Risk Management Working Group is part of the SE Technical Committee. Members of the RMWG identify methods for risk management and share literature, best practices, and lessons learned. • Barney B. Roberts, Chair RMWG • email: broberts@futron.com • Richard (Dick) Kitterman, Co-Chair • email: dkitterman@mail.arc.nasa.gov • 35 people from .com, .gov, .org, .edu • Connected online through email.

  4. Roles and Responsibilities • Chairs • Lead the RMWG activities. Recognize milestone contributions of members • Champion submission of inputs to INCOSE Journal and Insight • Set up meetings, plan agendas, document and distribute results • Members • Submit ideas for group activities • Participate in significant activities of the group • Develop products • Vote on issues and in elections, as appropriate

  5. Responsibility Matrix P = Primary Responsibility S = Support Responsibilities as requested

  6. Risk Management Working Group Accomplishments - 2001 & Plans - 2002

  7. Superlatives • Our greatest shortcoming: • Web site and associated contents • Our greatest achievement: • Symposium on Risk at Hampton, VA, May 2001 • Our greatest unplanned achievement • Association and joint projects with the PMI RiskSIG

  8. Accomplishments: 2001 C+ Plan Status A • RMWG Charter • Focusing, provide for continuous succession • Completed • FAQs up and running, and install in ARMOR • 2 in 1st qtr INSIGHT, 2 in second qtr INSIGHT • Unable to continue F B- • Support 2001 Symposium with panel • Completed B+ • Install a set of basic tenets of RM on web site • Complete, but no web site B+ • Install an RM bibliography on web site • Complete, but no web site • Roll-out ARMOR (Automated Risk Management Online Resource) F • Not done - Resources unavailable C- • Create RM web-page architecture, upload home page, link to ARMOR • Initial work done, needs to be completed • Develop web-page content • “how to join”, unassigned task list for chapter volunteer labor, lexicon, biblio., link charter, etc. • Some content is available C • Develop RM Overview Presentation, Install on Web-Page • Not Started - Resources unavailable F A+ • Conduct Risk Management specialty Conference, Early 2001 • Excellent!!

  9. Accomplishments: 2001 Plan Status A • Universal Risk List (A joint activity with PMI RiskSIG) • Completed A • Risk Management Definition Survey (A joint activity with PMI RiskSIG) • Completed

  10. Near-Term Plan • Web-site is highest priority • Support to the 2002 Symposium • RM Papers and session support • RM Panel in the works • Major Disappointment: Tutorial not accepted • Re-plan our work at the IW 2002 • Focus • Web site • Support to standards development • Development of the profession

  11. Long-Term Planning Plan Due • RM Capability Maturity Model • Dependent on resource availability • Metrics for managing risks • (Joint project with MWG) • Dependent on resource availability • Metrics for assessing risk management process performance • (Joint project with MWG) • Dependent on resource availability • Risk Manager Certification Process • Dependent on resource availability • Tutorials at Symposia • Dependent on resource availability • Capability development – Risk-based Acquisition Management • Dependent on resource availability

  12. My Involvement • Joined RMWG in 2000 • Attended INCOSE International Workshop, 2001 • Met & Worked with RM Experts from Several Companies & Govt • Helped Address All Items On Group Agenda • Reviewed Papers for INCOSE 2001 and 2002 • Presented Paper for RMWG Chairman at INCOSE 2001 • Hosted RMWG Chairman as Presenter for North Star Chapter Meeting on Risk Management • Attended INCOSE Risk Management Symposium, 2001 • Useful Tools for Application to my Job • Confirmation Of Crusader Risk Program Soundness • Will Attend INCOSE International Workshop, 2002 • Will Participate in Risk Panel, INCOSE 2002

  13. Your Involvement • Discuss Your Company Needs With Your Manager • Where Do You Need to Grow In Risk Management? • What Tools/Processes Would Benefit Your efforts? • Review the Planned Task List for 2002 • Select Areas that Support You and Your Company • Call the RMWG Chairman & Volunteer • Barney Roberts (Futron Corp) • 281-333-0190, ext 11 • Plan to Attend INCOSE 2002 • Las Vegas Nevada, 28 July – 1 August

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