Product Risk Framework 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.

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Company Details

Company:
Product Risk Framework
Headquarters:
United States
Website:
www.productdevelopmentrisk.com

Media

Product Risk Framework Screenshot 1
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Product Details

Platforms
Web-Based
Types of Training
Training Docs
Webinars
Live Training (Online)
In Person
Customer Support
Online Support
Business Hours

Product Risk Framework Features and Options

Project Portfolio Management Software

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

Product Management Software

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

Risk Management Software

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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