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Nasa Iss Risk Management - Report

Added on - 05 Feb 2020

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NASA ISS RiskAssessment
EXECUTIVE SUMMARYRisk assessment is the criteria where business is able to derive various types of potentialrisks that occur and affect the smooth functioning of an organisation. In the present report,thereis company National Aeronautics and Space Administration (NASA) which introduce newproject International Space Station (ISS) in which various risks and disaster impacts.Reportemphasises on the overview of NASA as well as risks associated with this and ISS. Further, itfocuses on two plans, that is, risk and disaster management which are helpful for company to ahigh extent. It has been assessed that risks and disaster can be reduced by using such plans. Also,it is recommended to NASA that it should evaluate business processes, focus on objectives andmake the business management plans in order to reduce risks at the workplace.
TABLE OF CONTENTSEXECUTIVE SUMMARY.............................................................................................................1INTRODUCTION...........................................................................................................................3TASK 1............................................................................................................................................3Overview of NASA................................................................................................................3TASK 2............................................................................................................................................4A) Potential risks which are associated with the International Space Station........................4Risk Management Plan...........................................................................................................4B) Plan for disaster management............................................................................................5C) Critical evaluation of qualitative and quantitative risk......................................................6TASK 3............................................................................................................................................7CONCLUSION................................................................................................................................8REFERENCES................................................................................................................................9
INTRODUCTIONRisk assessment is the process which helps management to identify and evaluate potentialhazards which are connected with a business unit. Further, it helps to reduce and avoid thepotential risks within working environment. In the present report, various risks are identifiedwhich are related to NASA while working on a project, that is, International Space Station (ISS).Further, it shows risk management as well as management plan in order to overcome thedifferent threats and problems. Apart from this, the report focuses on benefits and drawbacks ofqualitative as well as qualitative analysis of risk.TASK 1Overview of NASANASA is a government agency of United States which is highly responsible for two maincriteria, that is, technology as well as science. Both these criteria are related with the space andair. The stated agency stands for National Aeronautics and Space Administration. It wasestablished in the year 1957 and launched a product, that is, Soviet Satellite Sputnik.Headquarter of NASA is situated in Washington, D.C., United States. The establishedorganization carries out research on aeronautics and different aerospace equipment. The nameNASA was introduced in the year 1958. The stated organization has more than 10 centres in itsfield across the country, United States(What Does NASA Do?, 2015). These four principals areaeronautics, space technology, science and human operations as well as exploration. Therespective agency is highly helpful for engineers, science students, astronauts as well as workersand employees of NASA.Behind establishing the respective firm, main vision is to reach at new heights as well asaware people who are unknown about this along with making them benefited. Further,International Space Station (ISS) is a project of NASA which helps to improve and update newsoftware as well as navigation systems in the organisation. Further, in order to improvecommunication system and develop an effective control and operations on spacecraft aspects ISSprojects are undertaken and operated by the unit. By this, crew members and experiments ofnew technology and science are also safe at workplace with the help of ISS project.
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