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About

The Product Risk Framework is a business intelligence tool that helps product development teams analyze the risks, constraints and uncertainties associated with new products. Strategy 2 Market is the parent company of the Product Risk Framework. We are experts in helping large to mid-cap companies improve their product development process. The Product Risk Framework™ is a business intelligence software tool for product developers. It enables product teams to identify, evaluate and prioritize the most significant sources of uncertainty and risk associated with product ideas. It leverages behavioral economics principles to root out uncertainties, while tracking risk reduction progress from idea through launch, and enhancing decision-making through data visualization. The Product Risk Framework received a National Science Foundation (NSF) STEM I-Corp Grant sponsored by the University of Chicago.

About

Project prioritization is the foundation for portfolio management. Good prioritization lets you focus on delivering strategic impact, fix the “too many projects” problem and more effectively plan your resources. TransparentChoice’s software is based on decision science and research into what actually works. Strategic impact is the whole point of doing projects. Get alignment wrong and you might as well not bother! Deciding which projects should get those scarce resources is a lot easier when you have clear prioritization. Slow prioritization decisions are a drag on your organization. Imagine slashing your prioritization cycle in half! When something changes, good prioritization lets you respond quickly. It's key to being an agile organization! Well prioritized projects, ones that support your strategy, are 45% less likely to go over budget.

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Not Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Platforms Supported

Windows Not Supported
Mac Not Supported
Linux Not Supported
Cloud Supported
On-Premises Supported
iPhone Not Supported
iPad Not Supported
Android Not Supported
Chromebook Not Supported

Audience

Companies searching for a solution to manage to reduce product uncertainty, risk, and cost

Audience

Decision support solution for businesses

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

Support

Phone Support Supported
24/7 Live Support Not Supported
Online Supported

API

Offers API Not Supported

API

Offers API Supported

Screenshots and Videos

Screenshots and Videos

Pricing

No information available.
Free Version Not Supported
Free Trial Not Supported

Pricing

$15 per user per month
Our pricing flexes with your portfolio size, support level, and infrastructure preference (cloud or on-prem). Whether you're piloting or scaling across regions, we’ll tailor a package that fits.
Free Version Not Supported
Free Trial Supported

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Reviews/Ratings

Overall 0.0 / 5
ease 0.0 / 5
features 0.0 / 5
design 0.0 / 5
support 0.0 / 5

This software hasn't been reviewed yet. Be the first to provide a review:

Review this Software

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Supported

Training

Documentation Supported
Webinars Supported
Live Online Supported
In Person Not Supported

Company Information

Product Risk Framework
United States
www.productdevelopmentrisk.com

Company Information

TransparentChoice
Founded: 2013
United Kingdom
www.transparentchoice.com

Alternatives

RiskTrak

RiskTrak

RiskTrak International

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AppO

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BetterFleet

BetterFleet

Evenergi
ModelRisk

ModelRisk

Vose Software
Explorer

Explorer

Risk Insights

Categories

Categories

Project Portfolio Management Features

Budget Management Not Supported
Collaboration Supported
Dashboard Supported
Issue Management Supported
Milestone Tracking Supported
Portfolio Management Supported
Project Planning Supported
Requirements Management Not Supported
Resource Management Not Supported
Status Tracking Supported
Task Management Supported
Time & Expense Tracking Not Supported

Product Management Features

Collaboration Supported
Feedback Collection Not Supported
Idea Management Supported
Milestone Tracking Supported
Prioritization Supported
Product Roadmapping Not Supported
Release Management Not Supported
Requirements Management Not Supported
Resource Management Not Supported
Workflow Management Not Supported

Risk Management Features

Alerts/Notifications Not Supported
Auditing Not Supported
Business Process Control Supported
Compliance Management Not Supported
Corrective Actions (CAPA) Not Supported
Dashboard Supported
Exceptions Management Not Supported
Internal Controls Management Not Supported
IT Risk Management Not Supported
Legal Risk Management Not Supported
Mobile Access Not Supported
Operational Risk Management Not Supported
Predictive Analytics Not Supported
Reputation Risk Management Not Supported
Response Management Not Supported
Risk Assessment Supported

Project Portfolio Management Features

Budget Management Not Supported
Collaboration Supported
Dashboard Supported
Issue Management Not Supported
Milestone Tracking Not Supported
Portfolio Management Supported
Project Planning Supported
Requirements Management Not Supported
Resource Management Supported
Status Tracking Not Supported
Task Management Not Supported
Time & Expense Tracking Not Supported

Decision Support Features

Application Development Not Supported
Budgeting & Forecasting Not Supported
Data Analysis Not Supported
Decision Tree Analysis Not Supported
Monte Carlo Simulation Not Supported
Performance Metrics Not Supported
Rules-Based Workflow Not Supported
Sensitivity Analysis Supported
Thematic Mapping Not Supported
Version Control Not Supported

Integrations

Microsoft Excel Not Supported
Microsoft Power BI Not Supported

Integrations

Microsoft Excel Supported
Microsoft Power BI Supported
Claim Product Risk Framework and update features and information
Claim Product Risk Framework and update features and information
Claim TransparentChoice and update features and information
Claim TransparentChoice and update features and information