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Software SIG Next Meeting
Risk Management-103: Risk Metrics — Measuring
Risk and the Risk Process
Presented by Mike Helton
Tuesday October 28, 2014
6:30 PM – Networking and Pizza
7:00 – 8:00 PM – Program
There is no cost to attend at McLean, Silver Spring
This talk discusses metrics involved with assessing risk and the risk process. The presentation includes how to select the right metrics, and how these metrics support the goals of Risk Management. This involves the risk profile and how to calculate risk exposure and return on investment (ROI). An example case is used to demonstrate typical measurements of these metrics, trends and how they assist management’s decisions on priority and budget including when to stop working a given risk. Other metrics are given which provide directions for improving the Risk Management Process, and answering the question: Is this process working?
Helton is a senior Risk
Management consultant and has practiced Risk
Management for over 17 years on very
large to very small programs and
projects. These included the Air Traffic
Control DSR Program, an NSA Process Improvement
Program and many smaller group projects within
larger programs such as various groups within
NASA’s Landsat Program. He was the
instructor for the Risk Management Process for
the National Security Administration where he
trained over 350 NSA professionals on Risk
Management. This included tailoring
aspects of industry standard risk management
processes documented by the PMBOK, SEI Carnegie
Mellon Institute and several other sources of
risk management to fit various kinds of
programs and projects. His prior
endeavors included integration manager on a key
stage of the NASA’s International Space
Station, integration manager on a commercial
satellite communications system for the
American Satellite Company and mission &
science sequence design engineer on various
interplanetary space missions at the Jet
Locations and Registration
The presentation will originate at MITRE’s McLean, Virginia facility, with video teleconferencing between:
US Food and Drug Administration (White Oak)
Building 66, Room G512
10903 New Hampshire Ave
Silver Spring, MD
MITRE, Room 2503
260 Industrial Way West
Eatontown, NJ 07724
Host: Aaron Dagen, Desk: 732-578-6301
MITRE-2, Room 1N100
7515 Colshire Drive
McLean, VA 22102
Host: Scott Ankrum, Cell 240-731-758
MITRE, Room 02-301
Northgate Building A,
209 Research Blvd.,
Aberdeen, MD 21001
Host: Richard Eng, Cell: 703-201-9112
If you can host another location via VTC, please contact Scott Ankrum (below)
Join by Phone +1 (703) 983-2020
Conference ID: 9105627
Find a local number:
Forgot your dial-in PIN?
First online meeting?
Registration: Webpage: http://www.asq509.org/ht/d/DoSurvey/i/26913
Details and driving directions at Announcement
You must register by noon on Monday, September 22. If you cannot attend at any location, select telephone dial-in when you register. FDA (Silver Spring) cannot host non-citizen visitors. If not a US citizen, please provide your title, employer, and address. Allow 2 business days for registration before the meeting.
Software Special Interest Group (SSIG)
The purpose of the Software Special Interest Group is to provide software quality professionals and software professionals interested in quality with an opportunity for growth and exchange of ideas with other software professionals, and to facilitate growth in the number and expertise of the ASQ membership.
- Arrange meetings (currently monthly) at a convenient time and place.
- Provide a diversity of speaker topics within the general heading of software quality.
- Provide knowledgeable speakers from the professional and/or academic worlds.
- Keep in touch with and respond to the professional communities desires for the meetings.
- Reach out to students, who will soon enter the software profession.
- Disseminate information about: ASQ membership, the Software Division, certification, and training opportunities.
For more information about Section 509's
Software Special Interest Group Contact T. Scott
Past Software SIG Presentations
Management 103: Risk Metrics - Measuring Risk
and the Risk Process
presented by Mike Helton
Risk Management 103: Risk Metrics - Metrics Applications presented by Mike Helton 10/28/2014
The Discipline of Software Engineering presented by Mark Doernhoefer of MITRE 08/26/2014
Applying Process Mining to IT Big Data presented by Richard Eng of MITRE 07/22/2014
A Rules Engine Experiment: Lessons Learned on When and How to use a Rules-Based Solution presented by Cris Hutto of MITRE 06/24/2014
Using Agile Principles to Deliver Real Business Value at Scale presented by: Mark Shima and Joseph Hilger 5/27/2014
Building a Software Assurance Road-map and Using It Effectively presented by Robert Martin of MITRE 04/22/2014
Open Source Software and Government presented by David Wheeler of the Institute for Defense Analysis 02/25/2014
Get the Requirements Right...the First Time... presented by Wayne Beekman of Information Concepts 01/28/2014
Success with Enterprise Architecture presented by Phil Homan 12/17/2013
Development of a Configuration Management Standard for a Government Agency presented by Ron Perrella and Russ Roseman 10/29/2013
Leadership and Career Development presented by Joe Ludford 9/24/2013
Model-based Architecture and Engineering presented by Victor Harrison 8/27/2013
Risk Management 102 presented by Mike Helton 7/23/2013
Open Stack presented by Pat Holben 6/25/2013
Requirements Metrics for Requirements Statements presented by Chao Y. Din 5/28/2013
High Maturity Practices and Lifetime Warranty Against Software Defects presented by Girish Seshagiri 4/23/2013
The Rise of Big Data and Data Science presented by Donald Miner 3/26/2013
Risk Management presented by Al Florence 2/26/2013
Near Future of Automated Software Testing presented by Elfriede Dustin 11/29/2012
Software Security Assurance: Enabling Security Automation and Software Supply Chain Risk Management Presented by Joe Jarzombek of DHS 8/30/2012 audio file
Requirements-Management Requirements -- Requistite Doors to Success Presented by Alfred Kromholz of MITRE 7/24/2012 (No slides or audio file available)
Systems Engineering Management Process (SEMP) Presented by Jim Todd of DRC 6/26/2012 (The link is to the audio recording. No slides were used.)
Software Assurance Metrics and Tool Evaluation (SAMATE) Overview Presented by Tim Boland of NIST 5/29/2012.
Exposing Security Risks for Commercial Mobile Devices (CMDs) Presented by Jeff Voas of NIST and Angelos Stavrou of GMU 3/27/2012. audio file
Understanding How the Bad Guys Attack Your Software: CAPEC Presented by Sean Barnum of MITRE 2/21/2012. audio file
Building Watson--An Overview of the DeepQA Project Presented by David A. Ferrucci of IBM 1/24/2012 (slides are not available).
Leveraging Semantic Web Technologies for Improved Decision Making Presented by Samuel Chance 11/29/2011. rescheduled from earlier audio file
Transforming Technical Leads into Effective project Managers Presented by Rita Hadden 9/20/2011. audio file
Leveraging Semantic Web Technologies for Improved Decision Making Presented by Samuel Chance 8/23/2011. meeting canceled
Software Quality in 2011: A Survey of the State of the Art Presented by Capers Jones 7/26/2011.
Overview of the NIST Risk Management Framework as described in SP 800-37 Presented by Lance Kelson 5/24/2011. audio file 1