Qualitative Risk Management in Space Activities A risk analysis method explored

Risk management is the human activity which integrates recognition of risk, risk assessment, developing strate gies to manage risk, and mitigation of risk using managerial resources. Risk management is an essential element of project management. In a project rosk analysis should be performed to identify which risks could occur and, knowing these risks, a manager can the effect measures to control them. However, the effect of those measures must be assessed regularly throughout the life of the project. More often than not, qualitative risk analysis instead of quantitative risk analysis is used for risk management, because qualitative methods in general consume much less time and demand less specific theoretical knowledge of risk analysis. While other risk man agement techniques are available, it is considered thet the RISMAN- method would be highly suitable for space projects, due to its applicability throughout a whle project, This paper describes qualitative risk management, based on the RISMAN- method.

Keywords:

Space , Risk , Management , RISMAN