Risk management tool

Two researchers are demonstrating a new engineering method they claim agencies can use to assess program and system risk.

Jacek Marczyk's stochastic simulation system uses high-performance computing to test a wide array of conditions for hidden combinations that might cause failure. BMW AG and Nissan Motor Co. Ltd. have used the technique to reduce the weight of their automobiles after testing lighter designs for safety.

Gene Allen, a director of collaborative development for the Santa Ana, Calif., engineering analysis provider MSC.Software Corp., has briefed officials at the Army, Navy, NASA and the Transportation Department on the method. He recommended the evaluation be used for any government acquisition in which product failure results in human casualties or significant loss. For more information, see http://www.marczyk.net/.

 

Reader Comments

Please post your comments here. Comments are moderated, so they may not appear immediately after submitting. We will not post comments that we consider abusive or off-topic.

Please type the letters/numbers you see above

What is your e-mail address?

My e-mail address is:

Do you have a password?

Forgot your password? Click here
close

Trending

  • VIDEO: Explore the 2019 M&A Trends

    Editor Nick Wakeman interviews Kevin DeSanto of the investment bank KippsDeSanto about the highlights of their annual M&A survey and trends driving acquisitions in the federal space. Read More

  • PROJECT 38 PODCAST

    In our latest Project 38 Podcast, editor Nick Wakeman and senior staff writer Ross Wilkers discuss the major news events so far in 2019 and what major trends are on the horizon. Read More

contracts DB

Washington Technology Daily

Sign up for our newsletter.

Terms and Privacy Policy consent

I agree to this site's Privacy Policy.