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In order to fully exploit the concept of Smart Home, challenges associated with multiple device management in consumer facing applications have to be addressed. Specific to this is the management of resource usage in the home via the improved utilization of devices, this is achieved by integration with the wider environment they operate in. The traditional model of the isolated device no longer applies, the future home will be connected with services provided by third parties ranging from supermarkets to domestic appliance manufacturers. In order to achieve this risk based integrated device management and contextualization is explored in this paper based on the cloud computing model. We produce an architecture and evaluate risk models to assist in this management of devices from a security, privacy and resource management perspective. We later propose an expansion on the risk based approach to wider …