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The article describes an approach to assessing the maturity of risk management of a manufacturing organization while designing and developing a product. The risk management process maturity guarantees successful product design and development in terms of cost, schedule and quality. The paper proposes a risk management maturity model based on the six levels of capability of capability maturity model...
Practical Process Profiles is a process management methodology that uses capability and maturity models, combined with risk and value creation factors analysis, to reduce risk levels. It determines key processes that manage specific industry and project risks, resulting in the need to improve fewer processes to optimize quality.
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