In this study, a risk management methodology for the business development phase of
a Turkish defense industry firm&rsquo / s projects is proposed. The proposed method is based
on the contemporary risk management practices and offers the integration of risk
management process on top of existing project management processes in the business
development phase, besides being cost effective and applicable. The method suggests
a format for a risk management plan with two new sections, results, and compliancy.
Furthermore, the method suggests the development of risk response plans prior to the
implementation of quantitative risk analysis contrary to the applications in the
literature, in order to reduce the size and the complexity of data to be analyzed. The
method proposed also benefits from software tools that are easy to use and
compatible with the existing project management practices executed in the firm. The
method also aims to lead the construction of necessary risk databases that are specific
to projects of the firm. The method also discusses the risk management framework
under the scope of organizational aspects and decisions. Furthermore, a sample
project of the firm is evaluated both with the current method and with the proposed
method in order to put forward the advantages of the proposed system over the
existing risk management practices of the firm.
Identifer | oai:union.ndltd.org:METU/oai:etd.lib.metu.edu.tr:http://etd.lib.metu.edu.tr/upload/12609190/index.pdf |
Date | 01 December 2007 |
Creators | Karadadas, Erhan |
Contributors | Onay, Zeynep |
Publisher | METU |
Source Sets | Middle East Technical Univ. |
Language | English |
Detected Language | English |
Type | M.B.A. Thesis |
Format | text/pdf |
Rights | To liberate the content for public access |
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