Project Risk Management Using the Project Risk …

28 Engineering Management Journal Vol. 16 No. 4 December 2004 Engineering Management Journal Vol. 16 No. 4 December 2004 Engineering Management JournalProject Risk Management Using the Project Risk FMEAT homas A. Carbone, Fairchild Semiconductor CorporationDonald D. Tippett,The University of Alabama in Huntsvillenumerous types of development projects, Adams reported similar numbers, where only about one-fourth of all projects entering development become a market success (2004). Datta and Mukerjee (2001) stated that successful Project completion depends to a great extent on the early identifi cation of immediate risks . Jiang et al. (2002), Using factor analysis, confi rmed their hypothesis that risks adversely impact Project success for software development. Certainly there are a number of factors that determine whether a Project will be a success, but it seems likely that failing to perform adequate risk Management will increase the possibility of failure.

28 Engineering Management Journal Vol. 16 No. 4 December 2004 Project Risk Management Using the Project Risk FMEA

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