PRODUCTION ENGINEERING AND RISK MANAGEMENT

Abstract

Risk management is a central theme in Production Engineering, especially in a scenario characterized by the complexity of production systems and the volatility of markets. This paper aims to analyze the role of classic risk analysis methodologies in Production Engineering, highlighting their practical application and relevance in the face of contemporary challenges. The methodology used was a qualitative literature review, focusing on classic and contemporary authors in the field of project management and production engineering. The study addresses fundamental risk concepts, their practical implications and classic methodologies such as SWOT Analysis, Fault Tree Analysis (FTA), Value Analysis (VA), Delphi Technique and Monte Carlo simulation. The results indicate that the appropriate and integrated use of these methodologies can boost project results, reducing negative impacts and taking advantage of opportunities. In addition, the importance of an organizational culture focused on risk management is highlighted, which should be integrated with other areas of management, such as quality and strategic planning. The conclusions reaffirm the need for a systemic and multidisciplinary approach to risk management, highlighting its relevance to the economic, environmental and social sustainability of organizations. The work suggests that future research should continue to explore and improve risk analysis methodologies, promoting a culture that values innovation and social responsibility.