Risk Analysis

I’m trying to study for my Engineering course and I need some help to understand this question.

For the Lockheed Martin VentureStar Reusable Launch Vehicle (RLV), Background Paper on VentureStar and X-33-1.docx OR Background Paper on VentureStar and X-33-1.pdf select 3 Top-Level requirements you have identified and perform the following risk analysis. I expect including your three 5 x 5 risk assessment diagrams:

1. What is a risk associated with this requirement?

2.Identify the probability and the impact of the risk occurrence.

3.Put your identified risks (you should have three, one for each requirement) onto a 5×5 Risk Matrix

4.Identify a risk mitigation activity for each of your risks that will lower the probability of occurrence and/or reduce the impact

5. Show the effect of mitigating risks on your 5×5 matrix (you can use an arrow to show how you change the overall risk assessment with the mitigation activity).

6. Write a brief summary about the risks you have identified, the mitigation activity and its impact on the overall risk to your X-33 RLV program

(assuming you are the Systems Architect).


Order the answer to view it

Assignment Solutions


Assignment Solutions

ORDER THIS OR A SIMILAR PAPER AND GET 20% DICOUNT. USE CODE: GET2O