Key Control Log: Fill & Download for Free

Vladimir Novakovski's post is spot-on, but I'd like to add something about his Scenario 1 which you should keep in mind: As a newcomer you probably wouldn't be allowed to see or touch the most important parts of the existing code for quite a long time (if ever). 90%+ of trading code handles basic things that need to be done well, but which are not sufficient to reproduce the strategy: position/risk management, operational controls, logging, message handlers, backtesting infrastructure and the like. The remaining part, often called the "secret sauce" is what gives the strategy an edge. This may include order placement logic, micro/macro alpha, or unique arbitrage calculations.When you join a team their worry is that you will steal this secret sauce and go off to run an equivalent strategy somewhere else for a much larger share of the profits. To prevent this, a new team member won't be shown all the pieces of the puzzle. So to move to the next level you will need to come up with something that works on your own, or at least make enough improvements to the other parts to justify giving you access to more protected pieces of the trading logic. It takes time to build trust and show competence--don't expect to be given the keys to the castle on day one. On the plus side you will have all the tools and data at hand to come up with something new, but expect it to take a lot of work and a lot of failures before you get there.

The electric drive train is its defining strength. Amazingly few people understand that the Tesla drive train is based on the most powerful, reliable, time-tested form of motive power in the world—known to most Americans as the “diesel” locomotive. Very nearly all “diesel” locomotives use diesel engines to generate electricity which is then routed to electric traction motors which actually supply power to move the train. Think of that when you see a “diesel” powered set of locomotives start up a mile-long train of coal cars or oil tankers. Electric traction motors have been pulling almost all of the world’s railroad trains for more than a half century. In areas where overhead electric power has been available, pure electric trains have been handling tough railroad duty all over the world for a century.Electric motive power has long ago conquered the difficult alpine grades in Europe and today powers most European trains. Electric powered trains are also capable of extremely high speeds: The world record for conventional wheeled manned passenger trains was set by France's TGV: it broke the world record in April 2007, reaching 357.2 mph on a 140 km section of track.So anyone who thinks that electric powered vehicles are unreliable or somehow technologically vulnerable needs to do some homework.Tesla’s automotive electric battery is not as time-tested as the electric traction motor, but Tesla has adopted the most conservative imaginable battery design philosophy, achieving an amazing degree of success. Unlike the spontaneous combustion disasters involving Boeing’s Dreamliner and the recent spontaneous “smart phone” fires, Tesla batteries have displayed no propensity to catch fire, and failures of any kind are rare.The Tesla 85 kWh battery, for example, contains 7104 small cellular batteries similar to those used in laptop computers. It comprises 16 modules of 6 “bricks” each, each “brick” containing 74 individual cells. Each module has its own Battery Monitor Board which monitors each brick's voltage and samples temperature from four points within the module and reports this information to the Battery Management System via an internal communication bus. The BMS then uses this information to manage the high voltage battery temperature and state of charge. It communicates with the car’s central thermal management system, charger, and other channels. The battery has a sealed liquid coolant system, which controls heat, a key control factor in lithium ion batteries.This carefully controlled system keeps the battery within a range calculated to preserve the battery over the long term. The design has paid off to an amazing degree: There are many Teslas that have logged over 100,000 miles while retaining 85 percent of their original battery capacity. My 2015 Model S P85D still retains 100 percent of the 253 mile range it had when I accepted delivery 25 months ago.For a car primarily used for in-city driving, an electric car is superior to a car powered by an internal combustion engine (“ICE”). Unlike the ICE, you can plug in your car in the garage and find it fully charged every morning. You also don’t need to worry about excess drivetrain wear from stop and go traffic—the inefficiencies of an ICE under those conditions have few parallels in an electric car—not even the brakes, which are rarely used due to regenerative braking. The electric car is really convenient for ultra-short trips, because, unlike an ICE care, a Tesla does not need to be warmed up.There are disadvantages to an electric car during highway travel, but as charging locations continue to multiply, the inconveniences will fade. But you will always need to plan and be sure you don’t drive somewhere you won’t be able to recharge your batteries.

I have found that two documents help keep the conversation on track from RFP creation to kick-off meetings:Project BriefConceptual Brief or Creative BriefFilled out completely, they will eliminate most areas of confusion - and can open up some serious questions in the course of staff review.The Project Brief should enumerate, encapsulate, and define the following information:Project Administration InformationProject DetailsDatePrepared by / EmailProject NameProject TypeProject MeetingsVersion Control LogDocument Distribution and Project Contact ListOrganizationVendorDefinition of Terms (Vocabulary: usually with "See Appendix A")Project InformationProject ScopeProject GoalProject ObjectivesPhase DatesImportant DatesConstraintsMeasuring Project Success/Managing ExpectationsImplementationLaunch dependenciesStakeholders/SMEsTeam InformationProject ProtocolDeliverable/Documentation ExpectationsFor OrganizationFor VendorThe Creative Brief from the org side is similar:OverviewGoalProjectCreative ObjectivesAudienceKey AttributesTermsBranding/IdentityToneCompetitive LandscapeMust HavesRestrictionsChallengesDeliverablesOrganizationVendorThe Conceptual Brief might have the following:Pending