Research On The Risk Management Of High Pressure Compressor Development Project

Research on the Risk Management of High Pressure Compressor Development ProjectIt is a common case that the extension of time and the exceedance of investment for engineering projects, since the complicated natural and social circumstances in which engineering projects being carried out, as well as some features included in engineering practices, ie. large investments, long period, high level of complexity, and a variety of risks encountered by participants in each phases of a project. Therefore, Risk management plays a significant role in engineering projects to ensure the targets of engineering projects can be achieved smoothly-to nip troubles in the bud, or to take remedial measures when some risks inevitably happen, which aims to minimize the unexpected loss. In conclusion, risk management is an indispensable part of project management.In aviation industry, areo-engine development projects is characterized by long cycle time, high level of difficulty in techniques, knowledge of many subjects to be covered, extensive funds to be needed, demanding standards for national industrial developments, and numerous risks during the developing process. Apparently, project risk management is of great significance in areo-engine development. As the main Power Plant of the aircraft, aviation gas turbine is widely used for various of aircraft, known as the plane "heart". As the core components for aviation gas turbine, High-pressure compressor is crucial for gas turbines,and it's performance directly influences the overall performance of gas turbine. Therefore, the development of high-pressure compressor is very difficulty, and facing the great risk.This thesis provides analysis and induction concerning risk management for the High-pressure compressor development project, the risks in the project has been identified and analysed, and indicators for risk monitoring as well as process for risk managing has been set up, which aims to minimize risks in the compressor development projects.