What are the most significant risks that could jeopardize the success of the project? How are these risks being managed? What contingency plans are ready?
The most significant risk currently is just not completing the work on time, we have had problems identifying exactly how the system is going to be built in terms of firmware and software and the way they interact. We have a plan to implement, so this next week will be integral into meeting the demo goals.
Were any changes made to the existing design of the system (requirements, block diagram, system spec, etc)? Why was this change necessary, what costs does the change incur, and how will these costs be mitigated going forward?
The only change we’ve made is separating some more components from the firmware to the software. This isn’t a large change, but it is one we need to acknowledge.
Provide an updated schedule if changes have occurred.
This is also the place to put some photos of your progress or to brag about a component you got working.
We got our pcb! We have to solder everything together and get it into the hardware enclosure.