Lecture

Verification and Validation: Testing and Risk Management

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In course

ENG-421: Fundamentals in systems engineering

Introduction to systems engineering using the classical V-model. Topics include stakeholder analysis, requirements definition, concept selection, design definition and optimization, system integration and verification and validation. This class is part of ...

Description

This lecture covers the importance of Verification and Validation in the systems engineering lifecycle, focusing on testing methodologies such as aircraft flight testing and spacecraft testing. It also delves into Technical Risk Management, including the Risk Matrix and the Iron Triangle in Projects. The Flight Readiness Review (FRR) process is explained, emphasizing its significance in ensuring the readiness of a flight vehicle before launch.

Instructor

Volker Gass

After completing his master’s degree in Microtechnology at the Federal Institute of Technology in Lausanne in 1989 he worked as a Project Manager at Mecanex SA, a Swiss High-Tech company active in the field of Aerospace Mechanisms. While working at Mecanex he completed a PhD in Science in the field of applied Micro-Systems Technologies at the University of Neuchâtel, Switzerland in 1994. In 1995, Volker Gass participated in the Management Buy Out of Mecanex SA. In 2000, Mecanex was acquired by the Swiss Defence and Technology group RUAG . He was appointed to lead Customer Relations and Business Development of the newly formed Systems & Space Division at RUAG Aerospace in 2004. In the same year he was appointed member of the Swiss Academy of Engineering Sciences for his contribution in the field of High-Technology Space applications. From November 2006 to June 2007, Volker Gass successfully graduated RUAG’s Top Leadership Course, and held the position of General Manager, Sales & Marketing in the Space Division of RUAG in Switzerland as well as Member of the Board of Directors (President) of Mecanex USA Inc., Berlin, CT, until December 2009.In 2008 he successfully led the acquisition of SAAB Space and its subsidiary Austrian Aerospace. From January to June 2009 Volker Gass led the business team in the successful acquisition of Oerlikon Space. From mid-2009 to September 2011 he was responsible for Special Projects in the Marketing & Sales Organization of RUAG Space Switzerland. Since October 2011, Dr. Volker Gass is nominated Director of the Swiss Space Center at the Ecole Politechnique Fédérale de Lausanne. In March 2012, he is awarded the title of Adjunct Professor at the School of Engineering (STI) of the EPFL. From January 2014 to December 2017, he was nominated member of ESA’s Human Spaceflight and Exploration Science Advisory Committee (HESAC) and from spring 2015 to December 2018, observer at ESA’s Earth Science Advisory Committee (ESAC).As of January 1, 2021, The Swiss Space Center is renamed "Space Innovation"

Official source

Related concepts (32)

Risk management

Risk management is the identification, evaluation, and prioritization of risks (defined in ISO 31000 as the effect of uncertainty on objectives) followed by coordinated and economical application of resources to minimize, monitor, and control the probability or impact of unfortunate events or to maximize the realization of opportunities.

Risk

In simple terms, risk is the possibility of something bad happening. Risk involves uncertainty about the effects/implications of an activity with respect to something that humans value (such as health, well-being, wealth, property or the environment), often focusing on negative, undesirable consequences. Many different definitions have been proposed. The international standard definition of risk for common understanding in different applications is "effect of uncertainty on objectives".

Risk matrix

A risk matrix is a matrix that is used during risk assessment to define the level of risk by considering the category of probability or likelihood against the category of consequence severity. This is a simple mechanism to increase visibility of risks and assist management decision making. Risk is the lack of certainty about the outcome of making a particular choice. Statistically, the level of downside risk can be calculated as the product of the probability that harm occurs (e.g.

Financial risk management

Financial risk management is the practice of protecting economic value in a firm by managing exposure to financial risk - principally operational risk, credit risk and market risk, with more specific variants as listed aside. As for risk management more generally, financial risk management requires identifying the sources of risk, measuring these, and crafting plans to address them. See for an overview. Financial risk management as a "science" can be said to have been born with modern portfolio theory, particularly as initiated by Professor Harry Markowitz in 1952 with his article, "Portfolio Selection"; see .

Market risk

Market risk is the risk of losses in positions arising from movements in market variables like prices and volatility. There is no unique classification as each classification may refer to different aspects of market risk. Nevertheless, the most commonly used types of market risk are: Equity risk, the risk that stock or stock indices (e.g. Euro Stoxx 50, etc.) prices or their implied volatility will change. Interest rate risk, the risk that interest rates (e.g. Libor, Euribor, etc.) or their implied volatility will change.

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