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System Engineering is a broad concept that can be applied to any business case to help transform the engineering and the organizational needs into understandable, unambiguous, achievable tasks with a fixed time-line. In today's dynamics of the demanding business needs it has become inevitable to think for solutions that guarantee faster delivery while maintaining the quality standards. Traditional processes tend to fall back when implemented to satisfy the challenges faced by engineers in real world while achieving the business need. Many processes have evolved based on the lessons learnt while organization strives towards continuous improvement and adhering to quality standards. Agile, Lean, Kanban are few proven set of principles and practices that has helped to deliver expected results. These methodologies have to be tailored so that the principles can be well adapted to SW or IT industry where the prime focus is more on SW development rather than in the area of system engineering.