A client contacted QinetiQ’s Advisory Services team to assess an emerging technology known as wireless power transfer (WPT), which involves wireless transmission of electrical energy across an air gap without connectors or wires.
QinetiQ is a British multinational defense technology company headquartered in Hampshire, England, and one of the world’s largest defense contractors.
QinetiQ’s technical team were tasked with considering:
- Is wireless power transfer feasible?
- How long would it take to develop?
- What will it cost?
To address these questions, the QinetiQ team used @RISK to analyze the combined cost and schedule uncertainty and risk impact, enabling them to provide the client with an indication of the range out outcomes for the delivery date, along with potential funding requirements.
Dale Shermon of QinetiQ reports: "Risk analysis software @RISK enabled our subject matter experts to provide the client with an indication of the range of outcomes for the delivery date and the potential funding requirements."