DETAILS: This assignment is focused on risk assessment and allows you the opportunity evaluate a case study for risk. For this assignment, you will provide your perspective on a very tragic event in our history - the Challenger Space Shuttle tragedy. You will need to use the case study video provided above along with your assigned readings/videos, learning modules, and additional research as sources of information REQUIRED ACTIONS: ▪ ▪ ▪ Watch the Challenger Space Shuttle case study video (see above) and then respond to all of topics and questions listed below. Submit your assignment as an MS Word file - 800-1000 words (be thorough but succinct) Your response must be created in MS Word format. Use appropriate APA style/structure for this assignment including the use of headings, sections, references, and proper formatting for a paper. Please consult Purdue's Online Writing Lab (OWL) website or your APA guide to assist you. See: OWL APA Style Guide for assistance. Please use at least two references overall for this assignment to support your responses. When citing resources, don't forget to use in-text citations and reference citations at the end using proper APA style. TOPICS & QUESTIONS TO ADDRESS FOR THE CASE STUDY: Remember that if you use any reference as a source for your posts, you must use the APA in-text citation format to credit the author and a reference citation at the end. 1. Considering the Challenger Space Shuttle tragedy that occurred in 1986, give a synopsis of what you perceive to be the major risks (5 minimum) that should have been considered BEFORE the tragedy occurred. The most obvious would be an "explosion," so please list five in addition to explosion. You may need to do additional research on this specific incident and/or other projects of this type to develop your list. Here is one site that may be helpful: NASA Space Shuttle Program 2. Using your judgment and based on additional research, how would you rank these risks? Additionally give an indication of probability (High, Medium, Low) of occurring and the impact for each (High, Medium, Low) as this may also help you develop your rankings. Please include the "explosion" risk mentioned in #1 when ranking the risks in addition to those on your list. You may want to consider a table or matrix to show your response. RPI Number: Although this concept will covered in future weeks, you can certainly do some research and use the "Risk Probability Impact" number (or RPI number) as a way to give a value to your risks - known as "qualitative risk analysis" (yes, 'qualitative' and not 'quantitative' even though you give it a value). Using the RPI number for questions #2 is not required, but is mentioned to provide you with one option to help you rank your risks for this question. If you do decide to calculate an RPI number, you would give the probability a value (such as a % or scale like 1 to 5) and multiple it by the impact, which has also been given a value (such 1 to 5 scale). As an example, a risk that has a high probability of occurring (80% chance) and is determined to have a very high impact (value of 5 on a 1 to 5 scale) would have an RPI number of 0.80 x 5 = 4. In contrast, a risk with a low probability of occurring (10%) and a low impact (1 3. 4. 5. 6. on a scale of 1 to 5) would have an RPI number of 0.10 x 1 = 0.1. Now, you can make a comparison and rank these risk and focus on the one with the highest RPI number. Were there any risks that should have been taken more seriously and prioritized - - in other words, was there any mounting evidence or other compelling reasons to believe that certain risks had a higher probability of occurring? Were there any "triggers" that indicated a potential risk was becoming a problem or issue (realized risk)? What do you consider to be the primary lessons learned from this horrible tragedy? In your opinion, could this tragedy have been prevented if a thorough risk assessment had been completed and implemented including careful monitoring of triggers and consideration of mounting concerns before the liftoff? Please explain your response.
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