Methodology Development to Assess the Contractor Risk Tolerance from the Rocket and Space Technology Life Cycle Stage
Lyudmila Zubova1, Anna Yakovleva2, Tamara Stepanova3, Olga Koneva4, Alana Vanieva5
1Lyudmila Zubova, Department of Economics and Law, Saint-Petersburg University of State Fire Service of Emercom of Russia, Saint Petersburg, Russia.
2Anna Yakovleva, Department of Economics and Law, Saint-Petersburg University of State Fire Service of Emercom of Russia, Saint Petersburg, Russia.
3Tamara Stepanova, Department of Economics and Law, Saint-Petersburg University of State Fire Service of Emercom of Russia, Saint Petersburg, Russia.
4Olga Koneva, Department of Accounting, Analysis and Audit, Siberian Federal University, Krasnoyarsk, Russia.
5Alana Vanieva, Department of Accounting and Taxation, North Ossetian state university after K.L. Khetagurov, Vladikavkaz, Russia.
Manuscript received on November 20, 2019. | Revised Manuscript received on November 28, 2019. | Manuscript published on 30 November, 2019. | PP: 7894-7898 | Volume-8 Issue-4, November 2019. | Retrieval Number: D9413118419/2019©BEIESP | DOI: 10.35940/ijrte.D9413.118419
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© The Authors. Blue Eyes Intelligence Engineering and Sciences Publication (BEIESP). This is an open access article under the CC-BY-NC-ND license (http://creativecommons.org/licenses/by-nc-nd/4.0/)
Abstract: The article proposes a universal technique, which consists in applying an assessment of the level of risk tolerance of the contractor of the State Defense Order, taking into account the stage of the life cycle of rocket and space technology; the relationship between the levels of risk tolerance of the enterprises of the rocket and space industry from the stage of the life cycle of the production process is revealed. Consideration of this pattern will allow to take preventive measures in advance. The result obtained is universal both for management, for marketing, and for the military economy and the economy of business entities as a whole. Specifically, at the stages of development and the birth of the production process, the level of risk is high, and the risk tolerance of the RCT enterprise is low; at the stage of development of production, when tactical and technical requirements (TTT) are achieved, risk tolerance increases; at the maturity stage of the production process, risk tolerance reaches a maximum level. Then, the hypothesis of the study is that when implementing the State Defense Order, it is necessary to introduce a plan for the continuity of control of production processes, where the SWOT analysis and risk tolerance assessment should become tools for monitoring the implementation of R&D, which will act as a tool for assessing guarantees of fulfillment and leveling the risks of not fulfilling R&D. Taking into account the revealed relationship between the levels of risk tolerance of executing enterprises and the stage of the R&D life cycle will make it possible to take preventive measures in advance during the implementation of the State Defense Order.
Keywords: Risks, Stage, Life Cycle, Rocket and Space Technology.
Scope of the Article: Smart Spaces.