IW2024 - Our Focus (and meetings) at the International Workshop: 

In recent years, a number of international and industry standards, guidelines, and handbooks that directly and indirectly impact systems engineering have introduced new and revised sets of principles and practices aimed at accomplishing transformational change and improvement through risk (and opportunity) management. These principles and practices include, for example, the design and implementation of management systems and frameworks for creating a culture and organization-wide mindset of "risk-based thinking," as well as structures for "integrating risk and opportunity management with all organizational processes." The INCOSE Risk Management WG participated in both the development of ISO/IEC/IEEE 16085:2021, "Systems and software engineering — Life cycle processes — Risk management,"  and the corresponding updates to the 5th Edition of the INCOSE Systems Engineering Handbook, which elaborate on the new principles and practices in the context of systems engineering. In the interest of creating awareness and supporting the implementation of these new principles and practices, the Risk Management WG has decided to focus on the following at IW2024:

• PRIMARY GOAL: Strengthen relationships with WGs interested in establishing a relationship with the Risk Management WG for the purpose of integrating risk (and opportunity) management with the SE process(es) they are associated with. EXAMPLE: An example of risk management "integration," specifically "risk-based thinking," being applied as part of an SE process is illustrated in "Triple Your Chances of Project Success: Risk and Requirements," by Lou Wheatcraft, Co-chair, INCOSE Requirements Working Group. NOTE: This paper was presented in the Risk Management session of the 21st Annual INCOSE International Symposium, Denver, CO, USA, June 2011.
• As time permits representatives of the Risk Management WG will attend sessions held by other WGs, to identify WGs and Initiatives to form additional relationships with. 
• MEETINGS AT IW2024 - The Risk Management WG has scheduled three (3) meeting sessions at the IW2024. All three are hybrid (virtual and in-person). The meeting sessions are as follows:
  1. Sat Jan 27th 5-6pm PST - Joint meeting with the INCOSE Heuristics Initiative Leadership Team, (Room - Pier 4). See Note below. *
  2. Sun Jan 28th 1:30-3pm PST - General Open Members Meeting of the Risk Mgmt WG, (Room Pier 7). See Note below. *
  3. Mon Jan 29th 1-3pm PST - "Right-size, Real-time Risk Management" Workshop, (Room - Pier 5).

 * NOTE: If you are not registering to attend IW2024 in-person or virtually you can still participate in the above Meetings #1 and #2 virtually by Zoom.  Click on the following hyperlinks to access (view/download) the Zoom information for Meetings 1 and 2:   Meeting #1 - Zoom Links (PDF file).    Meeting #1 - Zoom Links (Word file).     Meeting #2 - Zoom Links (PDF file).    Meeting #2 - Zoom Links (Word file).

Outcomes at IW2024:

 The summary of outcomes for the Risk Management WG activities at the IW2024 were as follows:

• The three scheduled (hybrid) meeting sessions were held as planned (see the "Meetings at IW2024 bullet item directly above in the "IW2024 - Our Focus (and meetings) at the International Workshop" section). The attendance and primary outcomes for each the 3 sessions are shown below:
  • Meeting #1 (Joint meeting with the INCOSE Heuristics Team): 17 in-person and 12 virtual attendees. The 29 attendees participated in creating the Risk Mgmt WG's first new (from scratch) heuristic as a group. The description of the heuristic created by the group during the 60-minute session was entered in ChatGPT, which generated the heuristic statement "Beware of safety mirages."
  • Meeting #2 (Risk Mgmt WG Open Members Meeting): 15 in-person and 13 virtual attendees. During the 90-minute session the 28 attendees introduced themselves to the group and briefly described their interests relative to risk management and engaging with the WG. An overview presentation of the WG and its past, current and potential future activities was provided to the attendees.
  • Meeting #3 (Right-size, Real-time Risk Management Workshop): 20 in-person and 17 virtual attendees. During the 2-hour workshop the 37 attendees divided into teams of 4 and role-played as participants in "real world" business organization scenarios. The teams each created positive and negative (opportunity/risk) statements, along with associated rating estimates and validation information which were entered into a risk management tool. At the end of the session the submitted data, and resulting graphs and statistics generated by the tool, were reviewed and discussed as a group. The real-time feedback and immediate communication facilitated by the tool was impressive.