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Average Ratings 0 Ratings

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ease
features
design
support

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Write a Review

Description

Measurements are always subject to deviations from their true values, a phenomenon known as measurement uncertainty, especially when assessing or calibrating measurement tools or methodologies. To ensure quality control, it is essential to accurately quantify this uncertainty. GUMsim®, which adheres to the latest Guide to the Expression of Uncertainty in Measurement (GUM) and its supplement 1, utilizes sophisticated computational algorithms that facilitate a more effective determination of measurement uncertainty in line with ISO/IEC 17025 standards. The process of determining measurement uncertainty involves a mathematical relationship and statistical analysis of all variables influencing the measurement outcomes. To streamline this process, GUMsim provides a user-friendly input environment designed for various measurement models. Additionally, it offers a range of pre-defined application models that function as templates tailored to assist you in conducting specific evaluations, making it easier to embark on your measurement uncertainty assessments. This feature not only enhances the user experience but also encourages consistency in measurement practices across different applications.

Description

The Product Risk Framework is an advanced business intelligence solution designed to assist product development teams in evaluating the risks, limitations, and uncertainties tied to new initiatives. Owned by Strategy 2 Market, this tool focuses on supporting medium to large companies in refining their product development processes. The Product Risk Framework™ functions as a software resource for product developers, facilitating the identification, assessment, and prioritization of the most critical uncertainties and risks linked to product concepts. By utilizing principles from behavioral economics, it effectively uncovers uncertainties while monitoring the progress of risk mitigation from the initial idea to the product launch, ultimately improving decision-making through effective data visualization. Additionally, the Product Risk Framework was awarded a STEM I-Corp Grant by the National Science Foundation, with sponsorship from the University of Chicago, highlighting its innovative approach in the field. This recognition underscores the framework's value in advancing product development practices.

API Access

Has API No 

API Access

Has API No 

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

€870 one-time payment
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version No 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
Mac No 
Linux No 
Chromebook No 

Deployment

Web-Based Yes 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows No 
Mac No 
Linux No 
Chromebook No 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Customer Support

Business Hours Yes 
Live Rep (24/7) No 
Online Support Yes 

Types of Training

Training Docs Yes 
Webinars No 
Live Training (Online) No 
In Person No 

Types of Training

Training Docs Yes 
Webinars Yes 
Live Training (Online) Yes 
In Person Yes 

Vendor Details

Company Name

QuoData

Country

Germany

Website

www.quodata.de/gumsim

Vendor Details

Company Name

Product Risk Framework

Country

United States

Website

www.productdevelopmentrisk.com

Product Features

Statistical Analysis

Analytics No 
Association Discovery No 
Compliance Tracking No 
File Management No 
File Storage No 
Forecasting No 
Multivariate Analysis No 
Regression Analysis No 
Statistical Process Control No 
Statistical Simulation Yes 
Survival Analysis No 
Time Series No 
Visualization No 

Product Features

Product Management

Collaboration Yes 
Feedback Collection No 
Idea Management Yes 
Milestone Tracking Yes 
Prioritization Yes 
Product Roadmapping No 
Release Management No 
Requirements Management No 
Resource Management No 
Workflow Management No 

Project Portfolio Management

Budget Management No 
Collaboration Yes 
Dashboard Yes 
Issue Management Yes 
Milestone Tracking Yes 
Portfolio Management Yes 
Project Planning Yes 
Requirements Management No 
Resource Management No 
Status Tracking Yes 
Task Management Yes 
Time & Expense Tracking No 

Risk Management

Alerts/Notifications No 
Auditing No 
Business Process Control Yes 
Compliance Management No 
Corrective Actions (CAPA) No 
Dashboard Yes 
Exceptions Management No 
IT Risk Management No 
Internal Controls Management No 
Legal Risk Management No 
Mobile Access No 
Operational Risk Management No 
Predictive Analytics No 
Reputation Risk Management No 
Response Management No 
Risk Assessment Yes 

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