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Risk analysis in project management for commercial vehicle projects

Written by Santana-Alina Hagemann | Aug 11, 2025 4:00:00 AM

πŸ”§ Risks in the project? Welcome to reality.

Whether it's a new truck model, an attachment for municipal vehicles or a modular electronics platform - commercial vehicle projects are complex. Technically. Organizationally. In terms of time.

And that's exactly why:

πŸ‘‰ Anyone who only "thinks along" with risks has already lost.

πŸ‘‰ Those who analyze, evaluate and manage them in a structured manner remain in control - even in the event of delivery delays, design changes or resource bottlenecks.

 

🧭 What is a risk analysis anyway?

Risk analysis is a key tool in project management to

  • identify potential hazards at an early stage

  • plan suitable countermeasures

  • but also to identify opportunities and systemic uncertainties

Typical risk areas in commercial vehicle development:

  • Change of supplier in the middle of the development phase

  • New technologies without long-term experience

  • Tricky interfaces between hardware and software

  • Resource fluctuation in the engineering team

  • New standards such as ECE guidelines

πŸš› Why are commercial vehicle projects particularly risky?

Compared to traditional automotive development, the commercial vehicle sector poses special challenges:

βœ… Long life cycles & high variant diversity
βœ… Individual customer requirements & one-off production
βœ… Tight deadlines for tenders
βœ… Strong dependence on external partners
βœ… Complex mechanics-software-electronics interlocking

➑️ The result: increased coordination effort - and therefore more risk.

 

🧠 Step-by-step to a solid risk analysis

 

βœ… 1. risk identification

What could go wrong?

πŸ” Risks are systematically recorded - e.g. via

  • Workshops with stakeholders

  • Interviews with technical experts

  • Lessons learned from previous projects

Examples from practice:

  • Control unit does not meet EMC limits

  • Software unstable in real-time operation

  • Approval delayed by the KBA

  • Project management changes on the customer side

 

πŸ“Š 2nd risk assessment

How likely? How serious?

Typically with a risk matrix:

  • Probability of occurrence (low / medium / high)

  • Impact (costs, quality, schedule)

➑️ Result: A risk priority value (RPN) for informed decision-making.

 

🧯 3. risk management

Which strategy do we choose?

Four options in the toolbox:

  1. Avoid - e.g. change design, exclude critical suppliers at an early stage

  2. Reduce - through prototype tests, safety margins, milestones

  3. Transfer - through contracts, insurance, partner responsibility

  4. Accept - if the risk is acceptable

 

πŸ” 4. risk controlling & communication

A risk is not a static object. It changes.

🎯 That's why it needs

  • a risk logbook

  • or even better: a digital solution like COMAN

Advantages:

  • Risks always up to date

  • Clear responsibilities

  • Automatic escalations when thresholds are exceeded

 

πŸ“‰ What happens without risk analysis?

  • Escalations hit unprepared

  • Root cause analyses take too long

  • Trust between partners dwindles

  • Follow-up projects are hampered by overregulation

In short: a lack of risk management costs - time, money and credibility.

 

πŸ’‘ Best practice: thinking digitally about risk analysis

Modern tools such as COMAN integrate risk management directly into project tracking.

🎯 Functions at a glance:

  • Link risks with project objects

  • Traffic light logic for visibility

  • Real-time documentation of measures

  • Automatic reminders for escalations

➑️ This ensures transparency, accountability and less Excel chaos.

 

🧭 Conclusion

Projects don't fail because of problems - they fail because they are recognized too late.

In the commercial vehicle industry, risk analysis is not a luxury, but a survival strategy.

βœ” Those who recognize risks before they occur
βœ” Who defines measures before there is a fire
βœ” who act in a structured manner instead of reactively

...lead projects more safely, efficiently and successfully to their goal.