Mutual Fund Operations Software

Systems Facilities and Operations Readiness Mapping System

Client:

Birdi Systems Inc, USA

Services:

Web Application

Technologies:

Microsoft .NET with MVC 5 Architecture | Angular JS | JavaScript | MS SQL Server

PROJECT DESCRIPTION

Need for SFOR Application

Establishment of a new System or a Facility brings numerous challenges along with it which in turn can lead to critical risk elements. These risk elements can become a major hindrance in the successful implementation of the project, which if not addressed systematically can lead to complete failure or shut down of the project. Also, it can lead to financial losses or comparatively less Return on Investment from the project than what was actually estimated while the project was approved. To avoid such unpleasant outcomes for an ambitious project, it is essential to check the overall readiness of the project area with respect to Systems, Facilities, Operational Functions within the new proposed project.

SFOR is a system that derives this readiness for these Systems, Facilities and Operational Functions.  SFOR enables foreseeing the outputs of a particular project from an overall functional perspective. It presents information of how different assets created by the project touch down within the overall organization in creating a useful function. It enables the company to see from a distinct angle at a project where they are able to see things that the traditional project design and construction teams cannot anticipate. This way the company is able to point out missing links between a legacy system and a new system. This is one of the most fundamental principles of SFOR.

SFOR Introduction

SFOR is a system which provides a knowledge base of all the verticals in which the Birdi Group works. There can be different projects like an airport project or a seaport project or a hospital, rail and transit project or a school project. Each of these verticals have their own standard way of conducting the project activities or processes. From one airport to another some of these standard processes slightly change, but typically they have their core processes that don’t change. A few of the processes in an airport project are Terminal Operations, Land Side operations, Air Side operations, Gate Operations, Ticket Operations, etc. The SFOR Systems needs to have the capabilities to establish a knowledge base for all of these verticals.

How does SFOR work

The knowledge base is developed by setting up SFOR guidelines for a particular type of project, which include Business Processes information and their SOPS to be followed considering various regulations and standards, Stake Holder functions, SFOR or ConOps Elements which express the desired outputs, Systems and Facilities which are to be used for the processes in the project.

A Requirement Traceability Matrix is used to break down the newly proposed project into discrete and granular Project Scope Packages. Each of the granular processes within the Project Scope Packages are then mapped with SFOR or Concept of Operations Elements along with the respective Stake Holders, Systems, Facilities linked with the processes within the project scope packages. Subsequently the potential gaps as well as risks associated with the processes are revealed which are analyzed and appropriate solutions are provided or steps and corrective measures are taken for closing those gaps and mitigating these risks.

OUR CONTRIBUTION

Softlabs was assigned to the development of this project

The project was at an under-developed stage when it was assigned to Softlabs. Some of the basic functionalities for Project Management were developed but not producing the desired results for the client. Our task was to refine the earlier developed existing features to make sure that the desired functionality is working and is delivered. Also, our job was to understand the user and stakeholder requirements and develop new features that are crucial for enhancing the application.

We were expected to design and develop features that will facilitate Captial Project Management by allowing management of each of the processes required for the project as well as the inputs and outputs of each of the processes. Furthermore, the application had to provide the users with a visual representation of the processes used in the project as well as the dependencies among those processes.

The scope also included facilitating integration with Third-party applications at various level to assimilate data for different parameters of a particular project element.

The overall goal was to enhance the functionalities of the existing system and add new features that will help streamline the data flow for all processes to sync across various linked systems efficiently and securely.

Need help with a similar project?