Integral Risk Management

Curtiss-Wright has developed a set of proactive risk management tools that provide our customers with insight into the program development process and all associated risks, including technical, schedule, and cost risks.

This approach reflects standard industry practices and is overseen by the Program Manager. Risks and opportunities are rated based on their likelihood of occurrence and their potential impact. An “owner” is assigned to each assumption, risk, and opportunity and has singular responsibility for the validation, retirement, or capture of their assigned risk or opportunity. Risk Mitigation Plans and Opportunity Capture Plans are developed for each risk and opportunity that is classified as "medium" or higher. The Risk Management Register (Assumptions, Risks, and Opportunities) is maintained through the life of the program and is presented at all major program reviews, design reviews and Technical Interface Meetings.

The status of the risk management activities is assessed at all internal program review meetings and all external customer review meetings. Any significant variance from the last review is scrutinized for cause, with corrective actions being applied as needed. Customers are informed in real-time of changes to risk status, with formal reports submitted as required by contract.

Program Management Capabilities

Dedicated Program Organization

This cross-functional group provides close management of all project activities and agile decision making.

Program Control, Cost, & Schedule

The Integrated Master Plan (IMP) is an event-driven plan that describes the events, significant accomplishments, and criteria needed to complete the tasks.

Data Items

We have the expert knowledge to generate all of the data items required for large defense and aerospace programs.

Earned Value Management System

The EVMS system uses the Integrated Master Plan (IMP) and Integrated Master Schedule (IMS) as its foundation.

Flight Test Program Management

Typically proposed when a complex system is being ordered, or if an order contains items for which significant development effort is required.

Contract Mandated Reporting

The Program Management personnel at Curtiss-Wright employ industry-standard management and reporting processes that cover the requirements of a broad segment of its customers.