Poor Feasibility Analysis Leading to Project Cost Overruns
Definition
In robotics engineering, inadequate requirements specification and feasibility analysis result in projects proceeding with unrealistic assumptions, causing major cost overruns during implementation and testing phases.
Key Findings
- Financial Impact: AUD 50,000 - 200,000 per project in rework and delays
- Frequency: Per major robotics project
- Root Cause: Manual, incomplete requirements elicitation and validation lacking traceability
Why This Matters
The Pitch: Robotics engineering firms in Australia 🇦🇺 waste AUD 50,000+ per project on rework from poor requirements. Automation of feasibility analysis eliminates this risk.
Affected Stakeholders
Project Managers, Systems Engineers, Robotics Developers
Deep Analysis (Premium)
Financial Impact
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Current Workarounds
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Methodology & Sources
Data collected via OSINT from regulatory filings, industry audits, and verified case studies.
Related Business Risks
Bottlenecks from Incomplete Requirements Documentation
Cost of Poor Quality from Requirements Validation Failures
WorkCover Claims from Inadequate Safety Requirements Specification
BOM Inaccuracy Costs
Production Capacity Loss
Engineering Change Order Overruns
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