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1. Should Lee recommend the launch or delay of Mars Mission?

How do you
decide this?

TO LAUNCH OR DELAY OF MARS MISSION

IN THE EXCEL ATTACHMENT RISK ANALYSIS REVIEW DETAILS AND SWOT ANALYSIS DONE.BASED ON
LAST REVIEW CERR, 7 WEEKS BEFORE LAUNCHING, 5 OUT OF 7 CONCERNS ARE MOVED TO GREEN,
LOW RISK ZONE.

BMSA AND LANDING ISSUES ARE IN RED , HIGH RISK ZONE. BMSA, MODFICATIONS WERE MADE
ENSURING LIMITED RETURN OF DAYA INCASE OF FAILURE. BUT STILL IT IS IN RED ZONE, NOT
ACCEPTED BY EXPERTS IN REVIEW BOARD. MORE TIME WILL GIVE MODIFICATION AND LIKELIHOOD
OF FAILURE WILL GET REDUCED.

CONCERN ABOUT LANDING SITE IS SERIOUS CONCERN, CURRENT DATA SHOWS 20% CHANCE OF
FAILURE. DELAY WILL ALOW EXPERTS TO REVIEW SURFACE IMAGES AND SELECTING SUITABLE
LANDING PATH AND REDUCE CHANCE OF FAILURE.

REVIEW BOARD AFTER VERIFYING ALL INFORMATION SAYS PROBABILITY OF SUCCESS IS 80% ONLY.

CONSIDERING ABOVE LAICHING IS RISKY, IT IS ADVISED TO ADDRESS TWO CONCERNS AND


LAUNCH AT NEW DATE. DELAY IN ISSION WILL PROVIDE SUFFICIENT TIME TO SOLVE TECHNCIAL
ISSYES AND WILL RESULT IN SUCCESFUL LAUCHING WITH HIGHER PROBBAILITY 90 PERCENT OR
MORE, AND WILL SAVE TAX PAYERS MONEY. ADDITIONAL COST INCURRED CAN BE JUSTIFIED AS
DATA FROM THIS MISSION WILL HELP IN FUTURE MISSIONS.

2.0 Identify the principle risk management processes used in


the MBE project.
The principle risk management processes are the risk review
boards. Boards are used to discuss the risks that have occurred
throughout the project. The team members consist of 12 people
from JPL, NASA and the main contractor for the project. They are
all experts in their field and are highly respected. The members are
also not directly involved with the project however; it was believed
that each member could contribute to making important decisions
even though they are not directly linked to the current mission. The
risk review teams met three times to discuss identified risks. During
each meeting the team members argued, challenged, and debated
over each risk to determine if the risk will in fact support the
mission. The review boards discuss and identify risks that are
believed to be the most critical and classify them as either a mission
risk or an implementation risk. During this review process, each
team member presents the risk and participates in the debate and
discussions. The risk review boards also define time and cost
reserves for the project. According to the case study the reserves
provide a number for parts of the project that can go wrong, while
still allowing those parts to continue to move forward and meet its
intended goal
 What Role does each play, and what is critical for success?

3.0 Do you consider Lee as a Good Chief Risk Officer (CRO)?  Justify your
decision

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