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Risk Analysis and Reduction for Hardware/Software Systems Development Seminar
Thursday, November 20, 2003 - 7:30am to Thursday, November 20, 2003 - 5:00pm

This is a one-day technical seminar spearheaded by Portland State University's Systems Engineering department and sponsored by the IEEE Oregon Section.

The seminar will present:

  • Technical risk in the system-product life cycle
  • Risk and systems engineering (technical vs. programmatic risk)
  • Quick overview of standards and maturity models
  • Techniques to identify risk and structure decisions (e.g., influence diagrams, fundamental objectives, decision trees)
  • Methods of calculating and ranking technical risks (impact estimation, expected loss, 80/20 Rule, Delphi Techniques
  • Decision making tools (under certainty and uncertainty, Utility Theory Max/min, min/max, regrets, payoff table, Bayesian methods)
  • Risk modeling and estimation software tools
  • Overview of common hardware and software risks
  • Mitigating technical risk - TPMs, resource margins, interface management, test margins, legacy systems (HW and SW), product selections, judging pedigree and maturity, technology forecasting
  • Multi-objective trade-off studies (performance, redundancy, security, etc.)
  • Pairwise comparisons and the Saaty Scale
  • Acquisition alternatives (make, buy or hybrid), outsourcing and sub-contractor selection
  • Creativity and decision making

No special knowledge of systems engineering is presumed. To find out more information or to register, visit