Page 7 - QDigitz
P. 7

Q!Digitz                                         Vol 1            Aug 2019







                                                                 The  faster  we  achieve  stability  by  applying  the
      Circle of Risk and                                         circle  of  risk,  the  more  cycle  time  is  available  to
                                                                 improve  the  performance  with  the  circle  of
      Circle of                                                  improvements. This would ensure that the client is
                                                                 more delighted and we as the service provider has
      Improvements                                               more  understanding  about  the  systems  and  can
                                                                 develop better contractual negotiations.
      The parameters of projects don’t change for a life
      cycle;   however,   the   context   changes     and        The  Circle  of  Risk  focus  would  be  with  the
      environment  changes.  So  let's  take  anyone  types      following areas,
      of  life  cycle  like  development  projects.  There  are
      various  parameters  and  components  we  as                       Resource Skill & Availability
      assurance  team  monitor  and  support.  However,                  Dependencies & Timelines
      the support is valuable only when we associate a                   Standards & Procedure
      purpose and show the impact it can make.
                                                                         Tools Application
                                                                         Security Awareness & Adoption
      The  Circle  of  Risk  focuses  on  identifying  failure           Requirement Clarity
      points  and  arrest  it.  The  project  shall  be  able  to        Validation Methods
      meet its expectations and wherever it can fail and                 Customer Collaboration
      whatever can make it fail, are proactively analyzed                Compliance, Security & Regulations
      and  associated  risks  are  highlighted.  The  risk-              Reports and Actions
      based focus is very important in building stability                Problem Analysis
      in the project.                                                    Governance and structure
                                                                 The  initial  few  months  to  year,  the  project  has  to
                                                                 ensure they are on top of building stability.


                                                                 The circle of improvement focus would be with the
                                                                 following areas,


                                                                         Industrialization
                                                                         Automation
      We focus circle of Improvement on improving the                    Knowledge     Database      &     Reusable
      performance  to  move  from  the  stable  state  to  a           Components
      capable  state  ,  where  client  expectations  are                Tools Enhancement
      ful lled  e ectively  and  e ciently.  The  circle  of             Technology upgrade
      improvement  is  about  using  opportunities  and                  Innovation
      being  foresighted  to  achieve  the  results  and                 Process changes & Upgrade
      getting ready for renewing the contract.                           Client intimacy
                                                                         Continual Improvement
                                                                         Simpli cation & Integration
                                                                         Cost Saving





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