Slide 1 Risk Management Working Group R WG The Risk Management Working Group What it Does & What You Can Do

R WG Slide 2 Risk Management Working Group RMWG Charter MISSION Improve the ability of the practicing system engineering professional to understand and appropriately apply the process of risk management within the system engineering practice. FUNCTIONS Strategic and Operational Planning and Management Product Planning, Development and Management Product Maintenance Needs Definition

R WG Slide 3 Risk Management Working Group About RMWG Members The INCOSE Risk Management Working Group is part of the SE Technical Committee. Members of the RMWG identify methods for risk management and share literature, best practices, and lessons learned. Barney B. Roberts, Chair RMWG Richard (Dick) Kitterman, Co-Chair 35 people from.com,.gov,.org,.edu Connected online through .

R WG Slide 4 Risk Management Working Group Roles and Responsibilities Chairs Lead the RMWG activities. Recognize milestone contributions of members Champion submission of inputs to INCOSE Journal and Insight Set up meetings, plan agendas, document and distribute results Members Submit ideas for group activities Participate in significant activities of the group Develop products Vote on issues and in elections, as appropriate

R WG Slide 5 Risk Management Working Group Responsibility Matrix P = Primary Responsibility S = Support Responsibilities as requested

Slide 6 Risk Management Working Group R WG Risk Management Working Group Accomplishments & Plans

R WG Slide 7 Risk Management Working Group Superlatives Our greatest shortcoming: Web site and associated contents Our greatest achievement: Symposium on Risk at Hampton, VA, May 2001 Our greatest unplanned achievement Association and joint projects with the PMI RiskSIG

R WG Slide 8 Risk Management Working Group Accomplishments: 2001 PlanStatus RMWG Charter Focusing, provide for continuous succession Completed FAQs up and running, and install in ARMOR 2 in 1st qtr INSIGHT, 2 in second qtr INSIGHT Unable to continue Support 2001 Symposium with panel Completed Install a set of basic tenets of RM on web site Complete, but no web site Install an RM bibliography on web site Complete, but no web site Roll-out ARMOR (Automated Risk Management Online Resource) Not done - Resources unavailable Create RM web-page architecture, upload home page, link to ARMOR Initial work done, needs to be completed Develop web-page content how to join, unassigned task list for chapter volunteer labor, lexicon, biblio., link charter, etc. Some content is available Develop RM Overview Presentation, Install on Web-Page Not Started - Resources unavailable F B- B+ F C- C F C+ Conduct Risk Management specialty Conference, Early 2001 Excellent!! A+ A

R WG Slide 9 Risk Management Working Group Accomplishments: 2001 PlanStatus Universal Risk List (A joint activity with PMI RiskSIG) Completed Risk Management Definition Survey (A joint activity with PMI RiskSIG) Completed A A

R WG Slide 10 Risk Management Working Group Near-Term Plan Web-site is highest priority Support to the 2002 Symposium RM Papers and session support RM Panel in the works Major Disappointment: Tutorial not accepted Re-plan our work at the IW 2002 Focus Web site Support to standards development Development of the profession

R WG Slide 11 Risk Management Working Group Long-Term Planning PlanDue RM Capability Maturity Model Dependent on resource availability Metrics for managing risks (Joint project with MWG) Dependent on resource availability Metrics for assessing risk management process performance (Joint project with MWG) Dependent on resource availability Risk Manager Certification Process Dependent on resource availability Tutorials at Symposia Dependent on resource availability Capability development – Risk-based Acquisition Management Dependent on resource availability

R WG Slide 12 Risk Management Working Group My Involvement Joined RMWG in 2000 Attended INCOSE International Workshop, 2001 Met & Worked with RM Experts from Several Companies & Govt Helped Address All Items On Group Agenda Reviewed Papers for INCOSE 2001 and 2002 Presented Paper for RMWG Chairman at INCOSE 2001 Hosted RMWG Chairman as Presenter for North Star Chapter Meeting on Risk Management Attended INCOSE Risk Management Symposium, 2001 Useful Tools for Application to my Job Confirmation Of Crusader Risk Program Soundness Will Attend INCOSE International Workshop, 2002 Will Participate in Risk Panel, INCOSE 2002

R WG Slide 13 Risk Management Working Group Your Involvement Discuss Your Company Needs With Your Manager Where Do You Need to Grow In Risk Management? What Tools/Processes Would Benefit Your efforts? Review the Planned Task List for 2002 Select Areas that Support You and Your Company Call the RMWG Chairman & Volunteer Barney Roberts (Futron Corp) , ext 11 Plan to Attend INCOSE 2002 Las Vegas Nevada, 28 July – 1 August