What is Product Risk Framework?

The Product Risk Framework serves as a sophisticated business intelligence tool specifically crafted to aid product development teams in analyzing the risks, constraints, and uncertainties associated with new projects. Developed by Strategy 2 Market, this innovative solution is particularly beneficial for medium to large enterprises seeking to enhance their product development methodologies. Acting as a software resource for product creators, the Product Risk Framework™ allows for the efficient identification, evaluation, and prioritization of significant uncertainties and risks related to product ideas. By applying concepts from behavioral economics, it adeptly reveals uncertainties while tracking the effectiveness of risk mitigation efforts from conception through to product launch, thereby enhancing decision-making through superior data visualization techniques. Furthermore, the Product Risk Framework's receipt of a STEM I-Corp Grant from the National Science Foundation, with backing from the University of Chicago, emphasizes its groundbreaking contributions to the industry. This accolade not only highlights the framework's innovative aspects but also reinforces its importance in propelling advancements in product development strategies, demonstrating how it continuously evolves to meet the needs of its users.

Integrations

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Screenshots and Video

Product Risk Framework Screenshot 1

Company Facts

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

Product Details

Deployment
SaaS
Training Options
Documentation Hub
Webinars
Online Training
On-Site Training
Support
Web-Based Support
Standard Support

Product Details

Target Company Sizes
Individual
1-10
11-50
51-200
201-500
501-1000
1001-5000
5001-10000
10001+
Target Organization Types
Mid Size Business
Small Business
Enterprise
Freelance
Nonprofit
Government
Startup
Supported Languages
English

Product Risk Framework Categories and Features

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

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