Presentation Abstract:
This presentation outlines the critical importance of Systems Engineering (SE) as a strategic investment for senior management. Systems Engineering is an interdisciplinary approach that ensures complex projects are delivered successfully by managing risk,
controlling costs, and reducing the likelihood of project failure. In today’s increasingly complex project environments, SE offers a structured method to identify customer needs early, manage requirements, and ensure all system components work
together seamlessly throughout the lifecycle.
Research shows that organizations investing in SE can save 10-20% of their project budgets and significantly reduce the risk of delays and overruns. Without SE, the cost of fixing errors grows exponentially as projects progress, potentially reaching 250
times the initial cost if discovered late. SE provides early control over project requirements, interfaces, and integration, preventing costly late-stage surprises.
SE's return on investment (ROI) ranges from 4:1 to 10:1, making it a technical necessity and a business imperative. The message is clear: SE is not just about solving engineering problems; it’s about protecting the bottom line and ensuring long-term
success.