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Challenges in smart grid project execution

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Challenges in smart grid project execution a manager's view

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Challenges in smart grid project execution

  1. 1. Challenges in Smart Grid Project Execution Solution to address the challenges
  2. 2. Agenda: • When Grid become Smart? • Challenges to develop smart grid solution • Various approach taken to improve the situation 2
  3. 3. ABB in smart grid horizon 3 Ventyx – an ABB company Source : GTM Research
  4. 4. When Grid Become Smart… 4
  5. 5. Smart Grid market trend…. 5
  6. 6. Smart Grid focus areas. 6
  7. 7. Smart Grid solutions 7 Source ABB
  8. 8. Smart Grid solutions 8
  9. 9. Solution to make Grid Smart Source: ABB 9
  10. 10. Why to Make Grid Smart…. 10
  11. 11. How to make Grid Smart? 11
  12. 12. Aspects influences Smart Grid Projects 12
  13. 13. Influences of Internet of Things on Smart Grid 13
  14. 14. Building right solution through right product development approach 14
  15. 15. Build and Inject Agility into the system: Mantra for successful product development 15
  16. 16. Follow Value Based Delivery model 16
  17. 17. Controlled stage gate model to develop right product 17
  18. 18. Ideation flow integrated with Stage gate development model 18
  19. 19. Building step by step right and quality product- Incremental development 19
  20. 20. Smart User Interface for controlling the future 20
  21. 21. Predicting future through technology.. 21
  22. 22. Challenges with aging infrastructure • Aging is inevitable, and the electricity grid is no exception a impediment for smart gird project 22
  23. 23. Deploy gamification to increase stakeholder engagement • Build Fun ,play and work concept into the system 23
  24. 24. Stake holder management with extreme collaboration 24
  25. 25. Cyber security Responsibility Vendors should establish policies and processes for: • Threat modeling the architectures and designs • Source code validation • Product testing • System testing • Patch validation • Antivirus validation • Vulnerability management and mitigation 25
  26. 26. Key takeaway: Few steps we have taken to achieve desire result  Develop right product with excellent requirement engineering  Build and sustain a Strong Product management team  Controlled product development model (standardized)  Innovation framework for ideation to market release  Build and inject agility into the system(Increase Operational excellency)  Increase engagement through gamification  Cyber security compliance  Serve few tough customer  Extreme collaboration with stakeholders 26
  27. 27. Q&A 27

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