Risk Mangement in Product Development: Risk Identification, Assessment, and Mitigation - A Literature Review

Joseph Oehmen, Agnes Günther, Jeffrey W. Hermann, Jesko Schulte*, Pelle Willumsen

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingReport chapterResearchpeer-review


This paper reviews the literature on risk management practices and methods in product design and development. Based on an expert workshop by the Risk Management Processes and Methods in Design Special Interest Group within the Design Society and literature review, three key areas are discussed: risk identification, assessment, and mitigation. In each area, researchers have described practices that are used in product development organizations, proposed new methods to support risk management processes and decision-making, and generated evidence to evaluate the effectiveness of these activities.
Original languageEnglish
Title of host publicationProceedings of the Design Society : DESIGN Conference. Volume 1
Number of pages9
Place of PublicationCambridge
PublisherCambridge University Press
Publication date2020
Publication statusPublished - 2020
EventDesign Society: DESIGN Conference - Cavtat, Croatia
Duration: 26 Oct 202029 Oct 2020


ConferenceDesign Society: DESIGN Conference
Internet address
SeriesProceedings of the Design Society: Design Conference

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