MAPPING RISKS ON VARIOUS PRODUCT DEVELOPMENT PROCESS TYPES

Abstract

The goal of this research is to enhance the understanding of various categories of risks in product development (PD) and to carry out a comparative study on how risks occur in different phases of PD processes.Based on an extensive literature overview and the analysis of several risk identification methods, a Risk Breakdown Structure was created for product development.Mapping of identified risks, as the main contribution of the presented research, provides information about the existence of certain risk categories and subcategories in different phases of the product development process.The obtained information facilitates more successful risk identification in PD.The mapping was created in order to enable a comparison between certain PD process types by using the criterion of suitability for managing and coping with specific risk categories.To validate the proposed mapping, a questionnaire was sent to R&D organisations.

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