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A Risk Management Case Study in Mass Reduction

The following case study exercise provides lessons learned from the development and operations of the Space Shuttle Program (SSP).  It is intended to highlight key transferable aspects of risk management, which may vary slightly from a particular case study to the next.  Transferable principles include the identification of risks, evaluation of risks, mitigation of risks, risk trades, and risk management processes.  The proper application of risk management principles examined here can help manage life-cycle costs, development schedules, and risk, resulting in safer and more reliable systems for Constellation and other future programs.