IDEAS home Printed from https://ideas.repec.org/a/wly/syseng/v12y2009i4p275-294.html
   My bibliography  Save this article

Risk management capability maturity model for complex product systems (CoPS) projects

Author

Listed:
  • K. T. Yeo
  • Yingtao Ren

Abstract

This paper aims at conceptualizing and developing a multilevel framework for the Risk Management Capability Maturity Model (RM‐CMM), specifically for Complex Product Systems (CoPS) projects. CoPS is a special class of projects, which are high‐value, technology‐ and engineering‐intensive products or systems that are typically used to produce consumer goods and services. The embedded and inherent complexity in terms of task and human relations in CoPS projects can be a major source of risk and can contribute to persistent project challenges, failure, and impairment. There is a need to build a progressive risk management capability to deal with the unique characteristics of these complex projects. The proposed CoPS‐RM‐CMM model defines two broad layers in systems “security” and organizational “robustness.” The understanding of complexity inherent in CoPS projects is drawn from the science of complexity and emergence, which provides additional insights into the management of both predictable and emergent risk in CoPS implementation. The proposed model is also built upon a change management framework, which addresses the risk planning and control processes, organizational and people contexts, and technology contents of CoPS. © 2008 Wiley Periodicals, Inc. Syst Eng

Suggested Citation

  • K. T. Yeo & Yingtao Ren, 2009. "Risk management capability maturity model for complex product systems (CoPS) projects," Systems Engineering, John Wiley & Sons, vol. 12(4), pages 275-294, December.
    • Handle: RePEc:wly:syseng:v:12:y:2009:i:4:p:275-294
    DOI: 10.1002/sys.20123
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/sys.20123
    Download Restriction: no
    File URL: https://libkey.io/10.1002/sys.20123?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Pejman Peykani & Jafar Gheidar-Kheljani & Sheida Shahabadi & Seyyed Hassan Ghodsypour & Mojtaba Nouri, 2023. "A two-phase resource-constrained project scheduling approach for design and development of complex product systems," Operational Research, Springer, vol. 23(1), pages 1-25, March.
    2. Shuting Li & Xiangfeng Chen, 2019. "The role of supplier collaboration and risk management capabilities in managing product complexity," Operations Management Research, Springer, vol. 12(3), pages 146-158, December.
    3. Gilles Galichet & Roberta Costa Affonso & Vincent Cheutet, 2022. "Processes-oriented maturity framework for Lean Manufacturing with health-at-work and performance management objectives," Post-Print hal-03878333, HAL.
    4. Yanqing Wang & Hong Chen & Robert L. K. Tiong, 2023. "An exploratory research on the maturity level of public's emergency capability," Natural Hazards: Journal of the International Society for the Prevention and Mitigation of Natural Hazards, Springer;International Society for the Prevention and Mitigation of Natural Hazards, vol. 119(1), pages 325-355, October.
    5. Raffaele Testorelli & Chiara Verbano, 2022. "An Empirical Framework to Sustain Value Generation with Project Risk Management: A Case Study in the IT Consulting Sector," Sustainability, MDPI, vol. 14(19), pages 1-17, September.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:syseng:v:12:y:2009:i:4:p:275-294. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)1520-6858 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.