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ease
features
design
support

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Description

IBM Engineering Lifecycle Management (ELM) serves as a cutting-edge, all-inclusive engineering solution, effectively guiding users through every stage from requirements gathering to systems design, workflow, and testing management, while enhancing the capabilities of ALM tools to support intricate systems development. By embracing a holistic perspective throughout the product lifecycle and establishing a robust digital infrastructure for data traceability, organizations can efficiently monitor changes, thereby mitigating risks and lowering expenses. Tackle the intricacies of engineering from conceptual design to final execution, foster collaboration among teams through a cohesive digital thread, utilize modeling and reuse strategies, capitalize on insights derived from automated reporting, and confidently scale operations to create a robust foundation for continuous innovation. The interlinked data within the digital thread will provide a unified source of truth, empowering functional, software, mechanical, and electrical engineering disciplines to work in harmony. This interconnected approach not only streamlines processes but also enhances the overall efficiency and effectiveness of the engineering lifecycle.

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

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

Planview Hub

Integrations

Planview Hub

Pricing Details

No price information available.
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

IBM

Founded

1911

Country

United States

Website

www.ibm.com/products/engineering-lifecycle-management

Vendor Details

Company Name

Product Risk Framework

Country

United States

Website

www.productdevelopmentrisk.com

Product Features

Application Lifecycle Management

Administrator Level Control
Defect Tracking
Iteration Planning
Project Management
Release Management
Requirements Review
Task Management
Test Case Tracking
User Level Management
Version Control

Product Management

Collaboration
Feedback Collection
Idea Management
Milestone Tracking
Prioritization
Product Roadmapping
Release Management
Requirements Management
Resource Management
Workflow Management

Requirements Management

Automated Functional Sizing
Automated Requirements QA
Automated Test Generation
Automated Use Case Modeling
Change Management
Collaboration
History Tracking
Prioritization
Reporting
Status Reporting
Status Tracking
Summary Reports
Task Management
To-Do List
Traceability
User Defined Attributes

Product Features

Product Management

Collaboration
Feedback Collection
Idea Management
Milestone Tracking
Prioritization
Product Roadmapping
Release Management
Requirements Management
Resource Management
Workflow Management

Project Portfolio Management

Budget Management
Collaboration
Dashboard
Issue Management
Milestone Tracking
Portfolio Management
Project Planning
Requirements Management
Resource Management
Status Tracking
Task Management
Time & Expense Tracking

Risk Management

Alerts/Notifications
Auditing
Business Process Control
Compliance Management
Corrective Actions (CAPA)
Dashboard
Exceptions Management
IT Risk Management
Internal Controls Management
Legal Risk Management
Mobile Access
Operational Risk Management
Predictive Analytics
Reputation Risk Management
Response Management
Risk Assessment

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