Mission
The purpose of the INCOSE Risk Management Working Group (RMWG) is to advance knowledge, common understanding, and quality of practice of risk and opportunity management in the systems engineering community worldwide.
Our mission is to develop value-added technical products and participative activities which help INCOSE members effectively and efficiently implement risk and opportunity management.
Scope
The RMWG scope includes Risk and Opportunity Management process, methods and tools as they relate to Risk Management within the context of Systems Engineering (SE) throughout the lifecycle.
This framing definition excludes Opportunity Management that would apply to business enterprise or service activities pursued outside the context of Risk Management, and Risk and Opportunity Management outside the context of Systems Engineering (SE)
Goals
The goals and initiatives of the RMWG are to:
- Provide a forum for INCOSE risk management practitioners to present research and analysis results, discuss problems, and put forth improvement ideas.
- Establish a system to form liaisons with other WGs interested in integrating risk (and opportunity) management with other SE processes. This goal supports (a) Clause 7 in the new edition of ISO/IEC/IEEE 16085, “Systems and software engineering — Life cycle processes — Risk management,” which is an elaboration standard for ISO/IEC/IEEE 15288, “Systems and software engineering — System life cycle processes,” and (b) the revised Risk Management Process section of the 5th Edition of the INCOSE Systems Engineering Handbook, which was recently published in the summer of 2023.
- To head off expected increased activity, implement a process for recruiting and engaging INCOSE members to volunteer to help with the Risk Management WG.
- Establish and maintain a process for collecting and consolidating input to be used for updating the INCOSE Handbook risk and opportunity management sections.
- Generate specific work products for consideration as input to the INCOSE Handbook, SEBoK, International Standards, and others.
- Develop and maintain a presentation explaining the benefits of risk and opportunity management, which can be used by members for promoting the application of risk and opportunity management practices.