PACT Magazine

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RISK & REDUCTION As part of our managerial responsibilities, the Pact team have treated risk assessment as a highly important task. Within a business of this nature, risk is considered to exist in many areas, and where it is considered to be both necessary and practical, the risk will be factored into operating decisions. Pact has been designed in a way that can easily translate to manufacturing, but at this point is still at a prototype stage. As a result of this, there may be challenges and speed bumps that can potentially arise between now and product launch. These can potentially slow down progress but we are confident in our team and our ability to think around and over these barriers. General Risks The general risks that have been outlined may include but are not limited to product certification, tooling, manufacturing, distribution, component production and parts sourcing. We are not naive to these risks and leading up to manufacturing we are developing an in depth risk analysis and management plan. Issues that may arise have been broken down into the likelihood of them occurring (probability) and then the consequences of it happening (impact). By using this tool we are able to assess the risks as accurately as possible, evaluate them and appropriately manage them. We commit to being completely transparent with any issues we may face along the way, so that both our customers and investors can keep up to date with our progress. Environmental Risk At all times throughout growth, development and operations, Pact will adhere to the laws in both a legal and an ethical sense in regards to sustainable development. The team have developed and continue to develop the business and their manufacturing in accordance to international standards ISO 14001 - Environmental Management Systems. This has helped map out a framework to monitor and implement an effective environmental management system so that the company may not fall behind present international standards in respect to green credentials. Investment Risk Pact stands to soon embark on a significant and somewhat aggressive growth phase, and due to this, the business is not without risk. But with the appropriate risk analysis and management plans, the team are confident that it will be both adequately monitored and managed. 29 <strong>PACT</strong>
Deliverable Risks Pact is a product that we are proud to stand behind, and we hope that this will resonate with our customers. For us to achieve this though, we need to make sure that the product we deliver is as good as it possibly can be and provides the best possible customer experience. So to meet this, we do not wish to rush a product to market just to meet a deadline, we will do our very best to achieve what we need to in the designated time, but we refuse to compromise the quality of our product for any reason. <strong>PACT</strong> 30
Page 1: PACT BUSINESS CASE DAVID CHAPMAN, T
Page 5 and 6: CONTENTS The Team..................
Page 7 and 8: David Chapman Technical Production
Page 9 and 10: PACT 04
Page 11 and 12: Pact is a standalone home security
Page 15 and 16: SECURITY MARKET IS WORTH $1.7B GROW
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Page 19 and 20: To fulfill and deliver the company
Page 21 and 22: The protection strategy involves ac
Page 23 and 24: Outreach Our MVP will be our initia
Page 25 and 26: Value Proposition • flexibile •
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Page 33: RETURNS As of April 2016, the three
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Page 39: Partners As the current expertise o

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