The Implementation Of Risk Management At Aerospace Manufacturing Company

Mohamad, Effendi and Sobiren, Norhaslina and Saptari, Adi and Salleh, Mohd Rizal (2009) The Implementation Of Risk Management At Aerospace Manufacturing Company. Journal of Human Capital Development, 2 (1). pp. 25-36. ISSN ISSN: 1985-7012

Text index2.php?option=com_docman&task=doc_view&gid=13&Itemid=80 - Published Version Restricted to Repository staff only Download (2MB) | Request a copy

Abstract

This paper presents the study of risk management implementation in an aerospace manufacturing company. The process of risk management was performed in ABC Company. The company needs to implement risk management to secure the mission and visions of the company are not affected by the potential risks. The objectives are to study the nature of risk management, develop a structure of risk management process, and to measure the effectiveness of the implementation at this company. The study focuses on the process of managing operational risks of the company by adopting the AS/NZS 4360:2004 Risk Management Standards as reference. The training’s methods, brainstorming, checklist, survey and questionnaires, and risk score matrix are used during the study. A structure of risk management process is developed and implemented at Strategic Development Department (SDD) and Paint Shop Department (PD) as a pilot study. The structure consists of risk assessment including risks identification, risks analysis, risks evaluation, and risks treatment. The effectiveness of the implementation is measured by how many basic requirements are fulfilled. It is also measured by determining which components is improved and significantly changed due to the implementation.

Item Type:	Article
Subjects:	T Technology > TA Engineering (General). Civil engineering (General)
Divisions:	Faculty of Manufacturing Engineering > Department of Manufacturing Management
Depositing User:	Dr Effendi Mohamad
Date Deposited:	15 Jan 2014 00:15
Last Modified:	06 Jul 2021 19:43
URI:	http://eprints.utem.edu.my/id/eprint/10695
Statistic Details:	View Download Statistic

Actions (login required)

View Item