Risk Assessment and Management
Engineering systems, programs, and projects always involve risks. Risk is the combination of the probability of an undesired event happening and the consequences if it occurs. The goal of risk assessment and management is to ensure mission success. This is achieved through early identification and analysis of potential risks, prevention, and mitigation methods, and allocation of resources to increase the likelihood of success. It allows for efficient use of resources by prioritizing tradeoffs based on quantified assessment and involving personnel at all levels of system operations.
At Cogoto, we specialize in risk assessment and management, including system safety and reliability engineering. Our experts use these methodologies to ensure the safe and efficient operation of aerospace, defense, and oil and gas systems. They bring a wealth of experience in risk evaluation, quantification, and communication. Our proficiency in Probabilistic Risk Assessment (PRA), failure data analytics, and risk communication strategies brings unique capabilities that serve our customers by allowing them to successfully complete their projects and missions.
- Reliability and maintainability analysis – Failure Modes & Effects Analysis (FMEA, FMECA), Root
Cause Analysis (RCA), and Reliability Centered Maintenance (RCM) - System safety and hazard analysis – HAZID, HAZOP, BowTie, Fault Trees, and Probabilistic Risk
Assessment (PRA) - Maintenance and failure rate data analysis and failure signatures for big data analytics
- Risk reduction and management strategies
Experienced Core Engineer Personnel in the following areas of expertise:
Instrumentation Technology
instrumentation, controls, condition and health monitoring, prognostics
Process Technology
process engineering, product development
Systems Engineering
mechanical and energy systems engineering
Project Engineering
technology proof-of-concept for thermal energy storage, Brayton turbo-generator, supercritical carbon dioxide cycle
Product Engineering
combustion devices development, fluid mechanics, thermal and structural analyses, development of high energy density hardware, structural, thermal and fluid modeling and analysis
Software Engineering
electrical engineering, software engineering and improvement, Capability Maturity Model Integration (CMMI) audits, Scrum
Reliability, Availability, Maintainability, and Safety (RAMS)
reliability, maintainability and risk analyses; mechanical and nuclear engineering
Project Management
project development and management, risk management and front-end planning
Program Management
aerospace programs including propulsion development and production