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Risk Assessment in Factory Planning Projects – An Empirical Evaluation of Industrial Practice

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Towards Sustainable Customization: Bridging Smart Products and Manufacturing Systems (CARV 2021, MCPC 2021)

Abstract

Despite progressively agile factory planning processes, target values of factory planning projects are frequently exceeded, and, consequently, enterprises are exposed to risks. In this context, the authors conducted an online questionnaire-based empirical study with 45 management-level participants from international manufacturing companies and identified the risk associated with different factory planning cases. This paper presents the design, results, and implications of the study.

The questionnaire revealed that factory planning is particularly risky due to many planning participants, uncertain information, and informational interdependencies. However, risk assessments differ depending on the factory planning case.

In the future, the authors intend to investigate the reasons for these differences and obtain a risk-based prioritization of factory planning tasks. Finally, a risk management model for factory planning, considering the impact of uncertain information, could be developed. Hence, the findings contribute to better risk management decisions and higher achievement levels of project target values in industrial practice.

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Acknowledgments

The results in this paper were achieved as part of a research project in the Cluster of Excellence Internet of Production (EXC-2023 – 390621612), funded by DFG.

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Correspondence to Steffen Schupp .

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Burggräf, P., Adlon, T., Schupp, S., Salzwedel, J. (2022). Risk Assessment in Factory Planning Projects – An Empirical Evaluation of Industrial Practice. In: Andersen, AL., et al. Towards Sustainable Customization: Bridging Smart Products and Manufacturing Systems. CARV MCPC 2021 2021. Lecture Notes in Mechanical Engineering. Springer, Cham. https://doi.org/10.1007/978-3-030-90700-6_61

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  • DOI: https://doi.org/10.1007/978-3-030-90700-6_61

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  • Publisher Name: Springer, Cham

  • Print ISBN: 978-3-030-90699-3

  • Online ISBN: 978-3-030-90700-6

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