Abstract
It is a very well established and understood aspect,
that to be successful in a mission/project, the executing
organization must be dedicated to deal with the management of
the risks, proactively and constantly, during all the phases of the
project/ mission. In fact the mission risks have their origins in
the unpredictability factor that is there in all the missions;
whereas the major aims of the risk management strategy are to
maximize the likelihood and consequence of the constructive
actions, and minimize the possibility and consequence of the
actions undesirable to the mission. The Cooperation European
for Space Standardization (ECSS), Management of Risks
standard provides a state of the art model for integrated risk
management, in space related projects; describing the principles
and requirements, to enforce a mission-incorporated,
management of risks policy, undertaken by the mission
stakeholders. In this presented research work, we have
customized the Risk Management ECSS standard, for the
specific characteristics and constraints of the remote sensing
satellite mission project of the Pakistan Space Agency
(SUPARCO). After a brief back ground and theory of the risk
management domain, the implementation plan/system of the risk
management procedures for the Pakistan Space Agency’s remote
sensing satellite, are presented; a system is developed for the risk
identification, analysis, control and monitoring; in order to
provide the coherent risk management, within the remote
sensing satellite project organization, and also to make available
the observability of the management of risks process, inside the
project organization, thus providing visibility over the risks.
Musaddiq Ali Shah, Faisal Yousuf Khan, Asma. (2012) Risk Management Strategy for Remote Sensing Satellite Project, following the customization of ECSS Standards, Journal of Space Technology , Volume 2, Issue 1.
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