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features
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support

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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.

Description

QMSrs serves as the central hub for automated solutions aimed at enhancing quality and achieving business excellence, ultimately improving overall business performance. We instill confidence in quality through our comprehensive suite of modular automated products, which are adaptable to various organizational structures, including those that are multi-site and international. As businesses evolve or budgets permit, additional modules can be seamlessly integrated. Our automated solutions are not only robust but also equipped with features such as workflow management, document management, electronic alerts and notifications, as well as real-time reporting and analysis capabilities. Our expertise lies in providing Quality Excellence Solutions tailored to meet diverse industry needs. Furthermore, our approach to risk management focuses on addressing uncertainties and their potential impacts on organizations, allowing businesses to proactively mitigate risks before they manifest. By implementing our Risk Management Solutions, organizations can effectively minimize the financial repercussions associated with potential risks, ensuring greater stability and security in their operations.

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

No price information available.
Free Trial No 
Free Version No 

Pricing Details

No price information available.
Free Trial No 
Free Version 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 

Deployment

Web-Based No 
On-Premises No 
iPhone App No 
iPad App No 
Android App No 
Windows Yes 
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) Yes 
Online Support Yes 

Types of Training

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

Types of Training

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

Vendor Details

Company Name

Product Risk Framework

Country

United States

Website

www.productdevelopmentrisk.com

Vendor Details

Company Name

QMSrs

Country

United States

Website

www.qmsrs.com

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 

Product Features

Quality Management

Audit Management Yes 
Complaint Management Yes 
Compliance Management Yes 
Corrective and Preventive Actions (CAPA) Yes 
Defect Tracking Yes 
Document Control Yes 
Equipment Management Yes 
ISO Standards Management Yes 
Maintenance Management Yes 
Risk Management Yes 
Supplier Quality Control Yes 
Training Management Yes 

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