Identification, ranking, and management of risks in a major system acquisition

@article{Lambert2001IdentificationRA,
  title={Identification, ranking, and management of risks in a major system acquisition},
  author={James H. Lambert and Yacov Y. Haimes and Duan Li and Richard M. Schooff and Vijay Tulsiani},
  journal={Rel. Eng. & Sys. Safety},
  year={2001},
  volume={72},
  pages={315-325}
}
Abstract Risk management is essential to protect the quality of a large-scale engineering effort. It should be a well-defined process that builds on an encompassing and detailed understanding of the purpose, elements, and contexts of the system. It should accommodate qualitative and quantitative information in understanding sources of risk. In an application paper, we use hierarchical holographic modeling (HHM) to identify sources of risk in the acquisition of a large ($1 billion US) software… CONTINUE READING

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