NASA's Risk Management Approach Revolutionizes Human Support Technology Development.
NASA uses a process called risk management to identify, analyze, and deal with potential problems in their projects. This helps them prioritize risks, make plans to reduce them, and keep track of everything. The Human Support Technology Development program at NASA follows this process to manage risks in their projects. They start by listing all the risks, then analyze how likely they are and how much they could impact the project. Based on this, they decide whether to try to reduce the risk, accept it with a backup plan, or keep an eye on it. Each project in the program does its own risk management, considering how risks could affect their goals, budget, and schedule. The success of the program depends on how well each project manages its risks.