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Startup buisness partnership models can mitigate risk

In a fast-changing digital era, small businesses grow fast. They disrupt the markets before market leaders have time to react. Airbnb and Uber have shown that startups with new business concepts are industry disruptors and threaten large companies. However, Startups are also high-risk businesses that even the smartest and most skillful …

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Work-breakdown structure (WBS)

A work-breakdown structure (WBS) in project management and systems engineering, is a deliverable-oriented breakdown of a project into smaller components. A work breakdown structure is a key project deliverable that organizes the team’s work into manageable sections phases, deliverables and work packages. The Project Management Body of Knowledge (PMBOK 5) defines …

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Project Statement of Work (SOW) in Aerospace projects

Developing a needs or requirements document can be a very complex and challenging task. Requirements documents include statements of work, standards, specifications, and other documents mandated for use by law. The primary function of the SOW is to specify the deliverable or deliverables that a vendor or internal department is …

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System integration

System integration is defined in engineering as the process of bringing together the component sub-systems into one system (an aggregation of subsystems cooperating so that the system is able to deliver the overarching functionality) and ensuring that the subsystems function together as a system.   With regards to software solutions, …

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Product Requirements Document (PRD)

The Product Requirements Document or PRD describes all aspects of a new idea required or desired to make its realization a success. The PRD is the bridge between the often vague project briefing and the highly detailed engineering implementation plan. It is also known as the Program Of Requirements (POR), …

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Model-Based Systems Engineering (MBSE) for Satellites and Aerospace

A system is defined by NASA as  a construct or collection of different elements that together produce results not obtainable by the elements alone. Systems Engineering (SE) is defined as: The process by which a customer’s needs are satisfied through the conceptualization, design, modeling, testing, implementation, and operation of a …

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Contract Management of commercial and Government agencies

When two companies wish to do business with each other, a contract specifies the activities entered into by both organizations and the terms through which they will each fulfill their parts of the agreement. Contracts affect business profitability in a very large way due to the emphasis on revenue and …

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Transfer of Technology (ToT) best practices and tools.

Technology transfer, or Tech Transfer a.k.a. transfer of technology (ToT), is a process in which technology or knowledge developed at one organization is transferred to another, typically for the purpose of commercialization.   Through this process, a donor site (either a product’s sponsor or a manufacturing site) transmits proprietary knowledge …

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Technical risk management

All organizations face uncertainty. The effect this uncertainty has on an organization’s objectives is referred to as “risk.” The challenge for management is to determine how much uncertainty or risk to accept and how to manage it to an acceptable level.   Risk management includes the strategies, processes, systems, and …

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Satellite Network Management systems (NMS) are evolving to meet commercial and military requirements

Satellite communications represent a cost effective and reliable means of transporting voice, video and data to and from remote locations. The satellite industry is one of those industries where network management plays a key role. Therefore, the requirements for network management solutions for the satellite market are usually very stringent. For …

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