Risk Management Throughout The Automotive Development Process Web Seminar RePlay

Course code: PD331629

Automotive projects continue to grow in complexity. Studies provide a glimpse into the attributes of product development projects that have a high likelihood of failure. Knowing these attributes, the approach to the project can be structured to reduce the risks. For example, the scope of the project may already place the project at risk. Understanding the risks associated with the scope enables you to either reconsider the scope or work out strategies that will eliminate or at least mitigate the risks. In addition, your approach or strategy selected to meet the project demands will have significant impact on the results. Also, distribution of talent means you have to ensure your project manager and team know what risk is and the specific risk management process for this project.

This course discusses the attributes that portend high probability of failure, as well as ways to assess the strategies associated with the project to improve the probability of success. We will also demonstrate the processes and steps that are required for effective project risk management. Participants will recognize the signs that a project is at risk even before starting the work and can proactively make the necessary adjustments with the sponsors and stakeholders to reduce those risks. Additionally, participants will learn how to maximize the contribution from the team in regard to identifying, eliminating and remediating risks. This will ensure that greater awareness and attention is given to this area of the project beyond the project manager. In addition to being able to apply the techniques of risk management, participants will receive insight into the typical phases of automotive product development (Product Development, Process Development, Product and Process Validation, and Launch) and risks associated with these phases.

The SAE eBook, “Project Management for Automotive Engineers: A Field Guide” by Jon M. Quigley and Roopa Shenoy, is included in the course materials. The book includes risk management as a knowledge area and discusses how the better a project team is at finding and addressing the potential risks, the more likely the success of the project.

Objectives

By participating in this course, you’ll be able to:

Identify the risks to project success based upon the structure and scope making it possible to create plans to address and mitigate the risk

Calculate the probability of connected events and identify the probability of the chain of events

Evaluate various proposed solutions through demonstrated techniques and project strategies and differentiate the least risky solution

Diagram the risk management process

Differentiate quantitative and qualitative risk evaluation techniques

Explain the need for specific metrics associated with project and product risk

Identify key metrics associated with risks and explain the needs for metrics

Identify the monitoring process and then describe an effective monitoring scheme and the connection to metrics

Define and calculate contingency budgets

Build a risk register and debate / justify the severity and probability

Course dates

Starting date: Upon request

Type: TOD

Course duration: 90 days

Language: en

Price without VAT: 890 EUR

	Starting date	Place	Type	Course duration	Language	Price without VAT
	Upon request		TOD	90 days	en	890 EUR	Register
G	Guaranteed course

Starting
date

Place

Type

Course
duration

Language

Price without VAT

Upon request

TOD

90 days

890 EUR

Guaranteed course

Course structure

Session 1

Overview of Risks to Vehicle Projects
- What is risk
- Risk and scope and strategy
- Overview of statistics
Identification of Risk for Vehicle Projects
- Team’s role in discovering risks
- Brainstorming methods
- Role of historical records
- Association of metrics to the risk and prediction (trends)

Session 2

Assessing the Risk to the Product Developed for the Vehicle
- Qualitative techniques
- Quantitative techniques
- Contingency budgets

Session 3

Monitoring and Control Risks
- Importance of metrics
- Monitoring and responsibility
- Invoking mitigation or abatement actions

Session 4

Risk and Voice of Customer
- What typically goes wrong with scope and requirements in automotive projects
- Metrics that predict failure in the requirements and scope of the vehicle project
- Techniques that can reduce the requirements / scope risk
Risk Associated with Developing the Product for the Vehicle
- What typically goes wrong while developing the product for the vehicle
- Metrics associated with developing the product for the vehicle that improve success
- Techniques that can reduce the development risk

Session 5

Risk and Process Development
- What typically goes wrong developing the manufacturing process
- Metrics that enable prediction of the capability of the manufacturing processes
- Techniques to reduce the risks associated with manufacturing processes
Risk and Verification and Validation
- What typically goes wrong
- Metrics associated with the verification of the product and manufacturing processes for the vehicle that improve success
- Techniques to reduce the risks associated with the verification work

Session 6

Risk and Launch of the New Vehicle Product
- What typically goes wrong
- Metrics associated with the launch of the vehicle product that enable response
- Techniques that can reduce the risks associated with the launch of the vehicle

Materials Provided

90 days of online single-user access (from date of purchase)
12 hours of instructor-delivered content
Course workbook (downloadable, .pdf’s)
Online learning assessment
Instructor follow up to your content questions
1.2 CEUs* (upon completion of all course modules and satisfactory assessment score)

*SAE International is authorized by IACET to offer CEUs for this course.

Prerequisites

This course addresses the needs of aspiring project managers, project managers, project engineers, manufacturing engineers and managers in the engineering, manufacturing, product testing and supplier quality assurance fields. It is helpful to be working in the automotive industry as a OEM or a tier 1 or tier 2 supplier as the risk discussion spans the gamut of the product development cycle for these industries.

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