Engineering risk

Engineering risk

The risk associated with the impact on a project's cash flows from deficiencies in design or engineering. Also known as design risk.

Design Risk

The risk associated with potential flaws in the design of a good or its production and their effect on the project's cash flow. It is also known as engineering risk.
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The Hyperloop is an engineering risk," Nomes said, "and these risks are actually much easier to understand than other types of emerging technology.
ACE Group has formed a new Global Property Engineering Unit, to provide engineering risk management services to clients across the world, and appointed Raimund Navakas as senior vice president of the new unit.
The staged process takes advantage of the low engineering risk at Old Pirate and allows the Company to keep up-front capital expenditure to a minimum.
SIQT included 131 individual test events and represented the culmination of a rigorous software engineering risk reduction and development phase.
Based on the theory, the definition of drilling engineering risk is given below.
If we have accumulated enough useful engineering risk data and much experience, the parameter value of formula (8), (9) and (10) can be got from doing statistical study.
The group added that the contract was the result of four years of collaborative work with Rolls-Royce focused on detailed engineering risk reduction activities associated with submarine propulsion system control.
Counsel must always elicit an agreement that the term "hazard" refers to the known engineering risk of injury or death associated with the anticipated use of the product.
Tavant's in-depth experience in AdTech helps the company offer high-quality solutions with faster time-to-market and minimal engineering risk.
The resulting benefits of using Teja NP include accelerated time-to-market, the reduction of engineering risk and, most importantly, reliable, high-performance products that provide OEMs with a first-to-market advantage.
The benefits of using Teja NP include the development of reliable, high-performance products that provide OEMs with a first-to-market advantage with significant reduction in engineering risk.
Others think they still have to pay for an engineering risk assessment, which is something most carriers provide for free.

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