SlideShare a Scribd company logo
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
Project Overview Project Status Project Risk Questions
Smart Home Intelligent System
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
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
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
Probability Impact Matrix
Project Overview Project Status Project Risk Questions
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
Thank you for your time,
Questions?
Project Overview Project Status Project Risks Questions

More Related Content

Similar to Gp p4c risk management of home intelligence system

Module 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdfModule 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdf
MASantos15
 
Software Engineering Methodologies
Software Engineering MethodologiesSoftware Engineering Methodologies
Software Engineering MethodologiesNesrine Shokry
 
6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin
6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin
6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin
Parker Hannifin Corporation
 
Critical systems engineering
Critical systems engineeringCritical systems engineering
Critical systems engineering
sommerville-videos
 
system development life cycle
system development life cycle system development life cycle
system development life cycle Sumit Yadav
 
Open Architecture: The Key to Aviation Security
Open Architecture: The Key to Aviation SecurityOpen Architecture: The Key to Aviation Security
Open Architecture: The Key to Aviation Security
agoldsmith1
 
Software Project Management
Software Project ManagementSoftware Project Management
Software Project Management
ShauryaGupta38
 
Cloud-native Enterprise Data Science Teams
Cloud-native Enterprise Data Science TeamsCloud-native Enterprise Data Science Teams
Cloud-native Enterprise Data Science Teams
Boston Consulting Group
 
Reliable software in a continuous integration/continuous deployment (CI/CD) e...
Reliable software in a continuous integration/continuous deployment (CI/CD) e...Reliable software in a continuous integration/continuous deployment (CI/CD) e...
Reliable software in a continuous integration/continuous deployment (CI/CD) e...
Ann Marie Neufelder
 
Agile methods and safety critical software - Peter Gardner
Agile methods and safety critical software - Peter GardnerAgile methods and safety critical software - Peter Gardner
Agile methods and safety critical software - Peter Gardner
AdaCore
 
Enterprise system implementation strategies and phases
Enterprise system implementation strategies and phasesEnterprise system implementation strategies and phases
Enterprise system implementation strategies and phases
John Cachat
 
Quality Assurance in Modern Software Development
Quality Assurance in Modern Software DevelopmentQuality Assurance in Modern Software Development
Quality Assurance in Modern Software Development
Zahra Sadeghi
 
CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2Ahmad Ammari
 
Project management through the eye of the systems engineer
Project management through the eye of the systems engineerProject management through the eye of the systems engineer
Project management through the eye of the systems engineer
evolve2013
 
Intelligent Digital Mesh Testing
Intelligent Digital Mesh TestingIntelligent Digital Mesh Testing
Intelligent Digital Mesh Testing
Nagarro
 
Software Development Life Cycle
Software Development Life CycleSoftware Development Life Cycle
Software Development Life Cycle
university of education,Lahore
 
SWE-610-Lec-1-Software-Intro duction(1).pptx
SWE-610-Lec-1-Software-Intro duction(1).pptxSWE-610-Lec-1-Software-Intro duction(1).pptx
SWE-610-Lec-1-Software-Intro duction(1).pptx
nohaaalrajhi
 

Similar to Gp p4c risk management of home intelligence system (20)

Module 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdfModule 6 - Systems Planning bak.pptx.pdf
Module 6 - Systems Planning bak.pptx.pdf
 
Ch12
Ch12Ch12
Ch12
 
Software Engineering Methodologies
Software Engineering MethodologiesSoftware Engineering Methodologies
Software Engineering Methodologies
 
6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin
6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin
6 Steps to Accelerate the Development Cycle | Life Science Parker Hannifin
 
Critical systems engineering
Critical systems engineeringCritical systems engineering
Critical systems engineering
 
system development life cycle
system development life cycle system development life cycle
system development life cycle
 
Open Architecture: The Key to Aviation Security
Open Architecture: The Key to Aviation SecurityOpen Architecture: The Key to Aviation Security
Open Architecture: The Key to Aviation Security
 
Software Project Management
Software Project ManagementSoftware Project Management
Software Project Management
 
Cloud-native Enterprise Data Science Teams
Cloud-native Enterprise Data Science TeamsCloud-native Enterprise Data Science Teams
Cloud-native Enterprise Data Science Teams
 
Reliable software in a continuous integration/continuous deployment (CI/CD) e...
Reliable software in a continuous integration/continuous deployment (CI/CD) e...Reliable software in a continuous integration/continuous deployment (CI/CD) e...
Reliable software in a continuous integration/continuous deployment (CI/CD) e...
 
Agile methods and safety critical software - Peter Gardner
Agile methods and safety critical software - Peter GardnerAgile methods and safety critical software - Peter Gardner
Agile methods and safety critical software - Peter Gardner
 
Enterprise system implementation strategies and phases
Enterprise system implementation strategies and phasesEnterprise system implementation strategies and phases
Enterprise system implementation strategies and phases
 
Quality Assurance in Modern Software Development
Quality Assurance in Modern Software DevelopmentQuality Assurance in Modern Software Development
Quality Assurance in Modern Software Development
 
CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2CIS 2303 LO2 Part 2
CIS 2303 LO2 Part 2
 
Project management through the eye of the systems engineer
Project management through the eye of the systems engineerProject management through the eye of the systems engineer
Project management through the eye of the systems engineer
 
Intelligent Digital Mesh Testing
Intelligent Digital Mesh TestingIntelligent Digital Mesh Testing
Intelligent Digital Mesh Testing
 
Sdlc 4
Sdlc 4Sdlc 4
Sdlc 4
 
Software Development Life Cycle
Software Development Life CycleSoftware Development Life Cycle
Software Development Life Cycle
 
Sysdev
SysdevSysdev
Sysdev
 
SWE-610-Lec-1-Software-Intro duction(1).pptx
SWE-610-Lec-1-Software-Intro duction(1).pptxSWE-610-Lec-1-Software-Intro duction(1).pptx
SWE-610-Lec-1-Software-Intro duction(1).pptx
 

Recently uploaded

chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
AUDIJEAngelo
 
PriyoShop Celebration Pohela Falgun Mar 20, 2024
PriyoShop Celebration Pohela Falgun Mar 20, 2024PriyoShop Celebration Pohela Falgun Mar 20, 2024
PriyoShop Celebration Pohela Falgun Mar 20, 2024
PriyoShop.com LTD
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
creerey
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
NathanBaughman3
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
seri bangash
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
fakeloginn69
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
Workforce Group
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
HARSHITHV26
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
Ben Wann
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
Bojamma2
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
Falcon Invoice Discounting
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
ofm712785
 
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfDigital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Jos Voskuil
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
awaisafdar
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Lviv Startup Club
 
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
Kumar Satyam
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
Erika906060
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
Cynthia Clay
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
seoforlegalpillers
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
LR1709MUSIC
 

Recently uploaded (20)

chapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxationchapter 10 - excise tax of transfer and business taxation
chapter 10 - excise tax of transfer and business taxation
 
PriyoShop Celebration Pohela Falgun Mar 20, 2024
PriyoShop Celebration Pohela Falgun Mar 20, 2024PriyoShop Celebration Pohela Falgun Mar 20, 2024
PriyoShop Celebration Pohela Falgun Mar 20, 2024
 
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBdCree_Rey_BrandIdentityKit.PDF_PersonalBd
Cree_Rey_BrandIdentityKit.PDF_PersonalBd
 
April 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products NewsletterApril 2024 Nostalgia Products Newsletter
April 2024 Nostalgia Products Newsletter
 
Memorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.pptMemorandum Of Association Constitution of Company.ppt
Memorandum Of Association Constitution of Company.ppt
 
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptxCADAVER AS OUR FIRST TEACHER anatomt in your.pptx
CADAVER AS OUR FIRST TEACHER anatomt in your.pptx
 
Cracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptxCracking the Workplace Discipline Code Main.pptx
Cracking the Workplace Discipline Code Main.pptx
 
Set off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptxSet off and carry forward of losses and assessment of individuals.pptx
Set off and carry forward of losses and assessment of individuals.pptx
 
Business Valuation Principles for Entrepreneurs
Business Valuation Principles for EntrepreneursBusiness Valuation Principles for Entrepreneurs
Business Valuation Principles for Entrepreneurs
 
The-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic managementThe-McKinsey-7S-Framework. strategic management
The-McKinsey-7S-Framework. strategic management
 
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-indiafalcon-invoice-discounting-a-premier-platform-for-investors-in-india
falcon-invoice-discounting-a-premier-platform-for-investors-in-india
 
5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer5 Things You Need To Know Before Hiring a Videographer
5 Things You Need To Know Before Hiring a Videographer
 
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdfDigital Transformation in PLM - WHAT and HOW - for distribution.pdf
Digital Transformation in PLM - WHAT and HOW - for distribution.pdf
 
The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...The Parable of the Pipeline a book every new businessman or business student ...
The Parable of the Pipeline a book every new businessman or business student ...
 
Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)Maksym Vyshnivetskyi: PMO Quality Management (UA)
Maksym Vyshnivetskyi: PMO Quality Management (UA)
 
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
India Orthopedic Devices Market: Unlocking Growth Secrets, Trends and Develop...
 
Attending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learnersAttending a job Interview for B1 and B2 Englsih learners
Attending a job Interview for B1 and B2 Englsih learners
 
Putting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptxPutting the SPARK into Virtual Training.pptx
Putting the SPARK into Virtual Training.pptx
 
What is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdfWhat is the TDS Return Filing Due Date for FY 2024-25.pdf
What is the TDS Return Filing Due Date for FY 2024-25.pdf
 
FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134FINAL PRESENTATION.pptx12143241324134134
FINAL PRESENTATION.pptx12143241324134134
 

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

  1. Professor’s feedback -Confusing (Overall)  -Collaborating with other manufacturers…. Something, something – (could not note down the point) 
  2. Professor’s review Risk categories -? NO – Change to Risk Types (CORRECTED)
  3. 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. 
  4. Professor’s review -Font is non-consistent  -“Major” means? (Instead - Top 10) 
  5. Professor’s review -Why double title? (CORRECTED- Removed the brown window) -Kill the bar and make table bigger  -Font of the risk ids. 
  6. Professor’s review (I didn’t write any comment for this)
  7. 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.