BackgroundProduct DescriptionLawn Solution Ltd has recently produced a conceptual design for an automated lawnmower with GPS tracking system. The intended product goal is to make profits and beat the competition, mainly automated lawn mower manufacturers that dominate the current market. In addition to discovering future uses for GPS as it becomes cheaper, the company also aims to improve the reliability of current automated lawnmowers. This is achieved by using the GPS tracking system which is more accurate and allows complete control of the mower's location. The company focuses on selling the automatic lawn mower with built-in GPS to city councils, middle to upper income private homeowners, and large businesses such as universities and park owners. They are advised to use this product as it is more reliable, automated, has a wider range and can provide better results. Stakeholders These include government safety regulators (for consensus processes), road enforcement agencies (for consensus processes), GPS coverage providers (for consensus processes), research feedback organizations (for consensus processes). approval), media (for publicity and feedback), corporations (for environmental constraints), owners (financial and decision making), telecommunications engineer subcontractors (network system for GPS). This report is about the risk management of the Automated Lawnmower with Integrated GPS product. This includes risk assessment and risk treatment and communication plans for each of the identified risks. Project management and financial decision making are not included in the scope of the report, even though it supports those processes. Risk Assessment Fault Tree Analysis • Success Tree • Successful Standalone Lawnmower Lawnmower...... middle of paper ... ...with product description.ConclusionFrom the risk assessment, it was found that the Most critical risk is the implementation of GPS technology and management's decision on when to release the product to the public. There is less risk in other factors as the rest of the project is based on the already available operation of Lawn Solutions ltd. However, since this is a standalone product and is the first of its kind, there is a lot of attention on this product. Therefore, the media can play an important role on the marketing side of this project. This combination of risks means that attention must be paid to public relations and advertising. The report also documents recommended measures to ensure opportunities are seized. This report will be helpful to management in decision making to prioritize and improve product performance in the market.
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