MG 487 Aviation Risk Management

This course is a study of risk management techniques for both aircraft and spacecraft missions. Included will be development of a rational and consistent methodology for identifying and mitigating flight risks based on human, software, hardware, and environmental factors. Formal risk management planning will be addressed and both qualitative and quantitative methods will be employed and contrasted. Formal Risk Management Planning will be taught and evaluated for effectiveness. A systems management approach will be employed and will encompass identification of all resources available to pilots and space crews as well as managers where applicable. Risk avoidance will be stressed. Quantitative software applications such as Palisades @Risk will be evaluated for flight applications. A formal Risk Management Plan (RMP) will be developed for typical private, commercial, and space mission applications.

Credits

3