Economy – Quantitative Finance – Risk Management
Scientific paper
Jan 2002
adsabs.harvard.edu/cgi-bin/nph-data_query?bibcode=2002iaf..confe.335h&link_type=abstract
IAF abstracts, 34th COSPAR Scientific Assembly, The Second World Space Congress, held 10-19 October, 2002 in Houston, TX, USA.,
Economy
Quantitative Finance
Risk Management
Scientific paper
Engineering Test Satellite - 8 (ETS-8) is the Japanese largest geo-synchronous satellite of 3 tons in mass, of which mission is mobile communications and navigation experiment. It is now in the flight model manufacturing phase. This paper introduces the risk management taken in this project as a reference. The mission success criteria of ETS-8 are described at first. All the risk management activities are planned taking these criteria into consideration. ETS-8 consists of many new technologies such as the large deployable antenna (19m x 17m), 64-bit MPU, 100 V solar paddle and so on. We have to pay attention to control these risk through each phase of development. In system design of ETS - 8, almost components have redundancy and there is some back-up function to avoid fatal failure. What kind of back-up function should be taken is one of the hot issues in this project. The consideration process is described as an actual case. In addition to conventional risk management procedure, FMEA and identification of the critical items so on, we conducted the validation experiment in space by use of a scale model that was launched on Ariane 5. The decision to conduct this kind of experiment is taken after evaluation between risk and cost, because it takes a lot of resources of project. The effect of this experiment is also presented. Failure detection, isolation and reconfiguration in the flight software are more important as the satellite system becomes large and complicated. We did the independent verification and validation to the software. Some remarks are noted with respect to its effectiveness.
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