Strategic decision-making in NPD projects according to risk: Application to satellites design projects

Abstract

To cite this version:François Marmier, Ioana Filipas Deniaud, Didier Gourc. Strategic decision-making in NPD projects according to risk: Application to satellites design projects. Computers in Industry, Elsevier, 2014, 65 (8) Abstract:In this paper we present a method for making strategic decisions in New Product Development (NPD) projects based on risks. In NPD the complexity of the process depends both on the nature of the design problem and the difficulties associated with managing the project (activities, risks). To design a complex product several different teams, having different competencies, work on the project. Not one among them controls the entire process. The interactions between product subsystems in NPD often lead to technological arbitration between alternative solutions In selecting one solution over another, the risk management concerns and the overall project plan are affected. Therefore, the objective is to give the project manager the means to evaluate the effects of strategic decisions, including those that influence the selection of technological solutions for the project plan as well as those for risk treatment strategies. We propose an integrated process that comprises design, project management and risk management. It takes into consideration the design activities and risk activities to generate a design project planning where design activities and risk activities are folded into the overall design project plan. During the process of project design two different types of strategies are required: one relates to the problem design, the other to the assessment of project risks. Each strategy leads to different possible scenarios. We present a decision tree that shows the decision steps and possible project scenarios. A generic decision support system is proposed. We demonstrate its applicability by applying it to a satellite design project.

The robustness of the round planning face to risks of road freight transport

“…For several years, we have led, in our laboratory, research dealing with the theme of analysis and control of risks in the project and process management. These works led to the development of innovative proposals based on the R-IO model [1,2,3]. These works aim to take into account all combinations of occurrence risks and their influence on schedules.…”

Kaizen-Driven Approach While Managing Industrial Projects. A Scandinavian Company Succeeds in Eastern Europe

“…When several teams work on design-ing a new complex product the risk is even higher. Marmier, Filipas-Deniaud, and Gourc propose a generic decision support system -decision tree type -applied in case of a satellite design project [17]. Notable risks while implementing industrial projects are associated with implementation disruptions that can delay the project execution.…”

Project risk management conceptual model

“…This framework is implemented in an open source software named PRORISK and shown in Figure 2. The model is an enhancement of that presented in [1] and mentioned in [2]. In [3] the authors propose a method of modeling of project breakdown structures (WBS, OBS, TRM, network model etc.)…”

“…Our proposal consists in three phases as shown in Figure 1: (1) Modeling of the project, risks and strategies (2) Generation and the evolution of project's scenarios (3) Decision aiding. The modeling phase gives an initial planning that does not integrate any risks.…”