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Gp p4c risk management of home intelligence system
- 1. 1 Team 1 Smart Home Intelligent System Sagar Bhatia Heifeng Cong Rutanshu Desai Jiang Chunhui Rajat Ranjan Rajan Kumar Amitkumar Singalwar SYSM 6304 Team Orange
- 2. 2 Project Overview Project Status Project Risk Questions Smart Home Intelligent System
- 3. 3 Risk Types Project Overview Project Status Project Risk Questions Cost Technical • Plant, Property & Equipment cost • Material Cost • Direct Labour Cost • Overhead Cost • Selling, general & administrative cost • General Technical • Design • Test • Manufacturing • Integration • Service • Security Schedule Programmatic • General Schedule • R&D • Supply Chain Schedule • Operation Schedule • Marketing & Sales Schedule • Service • General Programmatic • Substitute Product • Government Policies • Disaster • Health
- 4. 4 Ground Rules & Assumptions Project Overview Project Status Project Risk Questions Ground Rules Assumptions • The system shall be designed for the use of smart home owner, the end user. • The system shall meet electronics appliance industry standards. • The development team shall have ample human resources for research and development of this system. • Partner companies will supply full support for development. • Marketing and selling are out of scope for the development team. • The development team will receive the approved budget from parent company, without any delay. • All the necessary tools and equipment will be ready to use before launch.
- 5. 5 Top 6 Risks Project Overview Project Status Project Risk Questions Top 6 risks identified for the Home Intelligence System (HIS) project • Supply delay will prolong the schedule of overall project. • If security bugs remain undetected during production, they will cause malfunction. • Requirement modification and scope creep will delay development schedule. • Threat from new technologies from competitors. • Employee could leak the design to competitor. • Customer might require new functions other than already available.
- 6. 6 Probability Impact Matrix Project Overview Project Status Project Risk Questions
- 7. 7 Future Plan Project Overview Project Status Project Risk Questions Future plan for the Home Intelligence System (HIS) project • Development of following additional graphical risk management communication techniques using Palisade Decision Suite Tool Fault-tree analysis Decision-tree Pareto Analysis Sensitivity Analysis • Multi-objective trade off analysis of the system • Risk ranking
- 8. 8 Thank you for your time, Questions? Project Overview Project Status Project Risks Questions
Editor's Notes
- Professor’s feedback -Confusing (Overall) -Collaborating with other manufacturers…. Something, something – (could not note down the point)
- Professor’s review Risk categories -? NO – Change to Risk Types (CORRECTED)
- Professor’s review -Word “Must” doesn’t belong – Use “Shall” (CORRECTED) -Change the verb – it’s a fact not requirements (CORRECTED) -Meet Electronics appliance…. – There are too many other industries other than that. E.g. UL compliance, Osha, Consumer product.
- Professor’s review -Font is non-consistent -“Major” means? (Instead - Top 10)
- Professor’s review -Why double title? (CORRECTED- Removed the brown window) -Kill the bar and make table bigger -Font of the risk ids.
- Professor’s review (I didn’t write any comment for this)
- Professor’s review -$300 price of the product – Why you made that up? -Say that we don’t have the correct information right now and we will connect you with the right person.