Our project aims to increase public awareness of the negative effects of global warming and how the HeatSmart device can assist in reducing these effects. By highlighting the advantages of this cutting-edge technology, we are hoping to spark people’s curiosity about what they can do to lessen the negative effects of climate change.

We want to encourage people and communities to take action in the direction of a sustainable future through our outreach initiatives. We believe that by informing the public about the advantages of utilizing products like HeatSmart, we can persuade more people to incorporate environmentally friendly habits into their daily lives. We expect that this project’s outcomes will result in a drop in carbon emissions, a reduction in energy use, and an all-around increase in the health and well-being of our planet. Our ultimate objective is to encourage constructive change and build a more sustainable future for future generations.

3.1 Measures of Success

• Energy savings: The amount of energy consumers save after installing the device could be a crucial indicator of how successful the smart thermostat project is. Kilowatt-hours (kWh) or money saved on their energy bills could be used for determining how much energy is saved.
• Carbon footprint reduction: A smart thermostat can aid in lowering carbon emissions. A useful method of evaluating the smart thermostat’s environmental impact is to measure the decrease in carbon emissions that results from its use.
• User satisfaction: User satisfaction could serve as an indicator of the success of a smart thermostat project. Surveys or user feedback could be utilized to determine how well the device is performing in regard to user needs and expectations. Easy usage, dependability, and overall gadget experience are a few factors that could be considered when calculating user happiness.
• Adoption rate: The number of users who adopt a smart thermostat can also be used to measure its success. A high adoption rate would suggest that the product is satisfying consumers’ requirements and wants and that they view it as a useful addition to their homes.

3.2 Costs

Front-End Developer	$80,000 per year
Back-End Developer	$103,000 per year
Embedded Systems Engineer	$90,000 per year
Quality Assurance Engineer	$50,000 per year
Product Manager	$110,000 per year
Industrial Designer	$70,000 per year
Office Space	$24,000 per year
Prototype Development	$50,000
Material Costs	$20,000
Certifications and Compliance Costs	$10,000
Market Research	$15,000 per year
Manufacturing Costs	$300,000
Distribution Costs	$100,000
Miscellaneous Expenses	$50,000