Search results “Risk of product development”
De-risk new product development and launch
See the full article at http://www.mindsheet.com/product-development-process/ There are three major areas of risk in the product development process when it comes to developing new hi-tech products: Technology risk Management risk Market risk We tend to dwell on the first two, because that is what you're aware of on a day to day basis. Will the technology work? Do you have good development and communication processes? Do you have the right people? is the project on track? and so on... But by far the biggest area of risk is the third one -- market risk. Think about it, you only really know if you've got a flop on your hand when you launch the new product into the market. By that stage, you've already spent all of the development budget. Watch the video to find out more - or go to http://www.mindsheet.com/product-development-process/ to see the full article.
Views: 2346 Raglan Tribe
New Product Forecasting and Risk Assessment
Presented by: Ken Kahn, Director of Virginia Commonwealth University’s da Vinci Center and Paul O’Connor, Founder/Managing Director, The Adept Group To view the entire webinar, visit: http://budurl.com/7xls New product professionals are tasked with having to deliver new product forecasts and risks appraisals to senior management, both for business case evaluation and portfolio management inclusion. To do this most effectively, managers have a great need to understand how to execute unique elements of new product forecasting and risk assessment, especially compared to typical “best guess” methods. This sharply focused webinar will present the challenges of both new product forecasting and risk assessment, their deep relation to one another, key approaches toward successfully conducting them, and the best organizational practices toward each. The goal of this webinar is to provide keen insights for delivering and managing new product forecasts and risk assessments, and to lay out a clear path for improving and delivering these important new product measures. About the Presenters Ken Kahn Director of Virginia Commonwealth University's da Vinci Center Ken Kahn is a well-recognized expert and top scholar in the field of innovation management and market forecasting. Now a marketing professor at Virginia Commonwealth University, he is also Director of the University’s da Vinci Center, which offers a variety of programs in product innovation and venture enterprise creation. Paul O’ConnorFounder/Managing Director, The Adept Group As the founder and managing director of The Adept Group, Paul will share insights based on 30+ years of helping product development organizations improve their productivity. A leading voice in the discipline of product line roadmapping, Paul is widely published, teaches a wide range of master courses and workshops, and is a frequent speaker at professional organization meetings and corporate seminars.
Views: 1892 Sopheon
Two Effective Techniques to Mitigate Product Development Risks
https://www.gilb.com/blog/two-effective-techniques-to-mitigate-product-development-risks Transcript: Let's talk about risk in product development. I'm Kai Gilb. Many people when they think about risk and risk mitigation, they think of it as a separate activity where you look for things that might not go as planned and where are the results might be a that you get some problems in your project and there are various techniques where you identify these, put them in lists and look at how to deal with them and mitigate these risks. This is all good and well, nothing wrong in that and we definitely need these kinds of techniques. But in product development I would say there are some more direct and stronger way and more integrated ways of dealing with risks. Now we talk about risks in projects. We're talking about the risk of the plan not going according to the plan of something going wrong of things not being as we thought. So it will cause some delay or problem down the line. Now, the first thing is if, if you haven't quantified the outcomes that you're trying to achieve, and then you have, you look at the little activities and look for things that might go wrong, you're starting in the wrong end. I would clearly say that the number one thing you need to do is to have clear outcomes for your project, for the stakeholders that you want to serve. Have them clearly defined. And without I mean, you need to quantify. There are variables and you need to quantify it. The second thing that is maybe the most powerful risk mitigation techniques of all is to make sure that you, deliver to these outcomes that you have defined completely for each cycle so that you don't have a plan and then you work and work and work. And then towards the end you try to ship towards your, your stakeholders. You might even do internal cycles of development, but still you ship towards your customers and your stakeholders towards the end. And then you've suddenly find that things don't integrate. People haven't communicated clearly you misunderstood the required. There's all kinds of problems that causes delays, which you're trying to identify with risk, right? Risk Mitigation towards the end. The best way is not for some smart guy like yourself to go looking for risks. The best way is to force your team to develop all the way to the stakeholders as early and frequently as possible. And by all the way, I mean, you need to think about not just building like a function or feature into the tool, but making, the value come all the way to the stakeholder. When you do that, what you have to do is you have to think about not just the functions and features, but are the stakeholders motivated to use the new functions and features. Do they have the training? Do they understand how to use it, do they understand when to use it? Are they able to do it with all the other pressures they have in their work? you know, and, basically everything, right? Does it actually work with high quality levels? Does it integrate with other systems? The earlier you can deal with these hard problems. And you can do that by proving, by delivering real value to real stakeholders as early as possible. You have to prove all these integrations and the whole work environment around the stakeholders. And, I would say that is the best way to mitigate risk. Two steps. One, have a clear idea of the outcome you want to achieve and two. Deliver to those outcomes next week. You know, the first week of your project and every week thereafter, then you will be mitigating the risks head on as you go along. That is much more powerful than any lists of things that somebody think might go wrong. That's my advice on risk for today. Take care. I'm KaiGilb.
Views: 7 Kai Gilb
Types of business risk: product risk & market risk
For more business tutorials like this one on business risk types such as product risk and market risk, try my business apps: http://www.problemio.com In this video I discuss two types of business risk. The first kind of business risk is product risk. It is sometimes called technical risk. This kind of business risk has to do with the risk associated with you being able to create the product and put it out into the market. If it is costly or time consuming, or requires special skill sets, all that adds to the product risk because there are more things that can go wrong before you are able to put the product out into the market. The other kind of business risk is market risk. Every business has market risk. Market risk is the risk that the market (your potential consumers) will not like your product for one reason or another. And largely, you only learn about how much market risk you have after you launch your business. To decrease both of these kinds of business risk, try to choose business ideas that have less product risk, and are simple to prototype. And try to get feedback on your business ideas before you get started. Those two things will help you decrease not only your product risk, but also decrease your market risk because you will have more of a sense for how to market this business. I personally try to avoid companies that have product risk. These kinds of businesses have too much uncertainty. And there is already a lot of uncertainty when you start a business so I try to not add more risk to the business. Steve Blank often talks about weighing product risk vs. market risk when you plan and start a business. The theories in this video are largely based on the theories of Steve Blank who is a Stanford professor who also has over 20 years of business experience. And here are the links to the mobile apps I created which help you plan and start your business: Here is the Android business plan app: https://play.google.com/store/apps/details?id=business.premium iOS business plan app: https://itunes.apple.com/us/app/business-plan-and-coach/id554845193 And here is our 4-app business starting course on the Kindle: http://glowingstart.com/best-amazon-kindle-business-apps/ And here is our 4-app business starting course on the NOOK: http://glowingstart.com/best-nook-business-apps/ Freemium business model https://www.youtube.com/watch?v=8IqWwNLHIsU Business plan course https://www.youtube.com/watch?v=i19XAhb0-BM What is a business plan https://www.youtube.com/watch?v=T63QsuNIwZA What is a business model: https://www.youtube.com/watch?v=dsUz6lfXCkE How to make money with ads: https://www.youtube.com/watch?v=eAw7JowBjc8 Hiring tips and strategies: https://www.youtube.com/watch?v=LEPLs1dOBZg How to identify your target market: https://www.youtube.com/watch?v=loHvzCFnAvg What is KPI and how to use it in your business: https://www.youtube.com/watch?v=fx1x33DKmGc Do you need a business plan? https://www.youtube.com/watch?v=0kYxzkx6JJI How to price your product? https://www.youtube.com/watch?v=qN5No7ON5o0 The lean startup methodology by Eric Ries: https://www.youtube.com/watch?v=HYXTXHteY8Q Steve Blank's customer development theory: https://www.youtube.com/watch?v=_lkRDM8yXxU How to make money from a blog: https://www.youtube.com/watch?v=qrLvNkVVfZc How to deal with business competition: https://www.youtube.com/watch?v=SKcNJsybVsQ How to start a trucking company: https://www.youtube.com/watch?v=ql8jBXgDBT0
Cost, Price, and Product Profitability: Using @RISK to Enhance Strategic Decision-making
Analytical modeling, for whatever use it is put to, can either support or controvert “gut feel” management. Often enough, the results of a carefully modeled and analyzed problem can be surprising — and even counter-intuitive. And adding @RISK functionality to that model can give decision-makers an even better feel for how changes in the modeled variables could affect the strategic choices they make. This free live webcast builds on a relatively simple business case (Destin Brass Products Co., purchase if interested. The case material is NOT required to understand the webinar.) The company has three product lines, and they can’t understand why profits are decreasing even though all the products show strong margins. Using @RISK, we’ll look a better way to allocate overhead to the products, and see how the management’s decisions should be re-evaluated. Although this case is about a manufacturing company with “high-touch” manufactured products, it is a broadly applicable lesson in how and why to use non-deterministic decision modeling. -- Presenter: Steve Schultz Founder/CEO Moveable Feast Mobile Media, Inc. Steve Schultz is an independent management consultant who specializes in strategic business planning and product development, with a 20+ year background in data and media, spanning Fortune 500 to small startup. A former Product Manager (and current entrepreneur), Steve understands deeply the importance of fact-based metrics and decision modeling. Steve also founded and built Moveable Feast Mobile Media - a mobile-first platform for geographically immersive storytelling. Steve has an MBA from Northwestern University’s Kellogg School of Management, and a Bachelor of Science in Applied Mathematics from Tulane University.
Views: 2133 Palisade
Where there’s a project, there’s a risk! (DevReach 2018)
Unquestionably, there are neither risk-free projects, nor industries. Risk complexity and impact vary from project to project, and so does their treatment. Luckily, there are proven risk identification and mitigation techniques that can help us proactively prevent problems that might occur in every software development project. This session will cover Risk identification and Evaluation, creating a Mitigation plan, and development of a Contingency plan, or plan B. Vivid real-life examples will help you learn how to define the probability and impact for every registered risk, understand the levels of mitigation, and how it pays off to maintain a contingency plan throughout the whole project/product development process. Risk management is an iterative process and this session will tickle your brain on how to eliminate or reduce the impact risks may have.
Views: 48 Progress Telerik
What are the best ways to de-risk Dry Eye product development?
The Inaugural Dry Eye Summit 2010 Section: Venture Capital Panel Topic: What are the best ways to de-risk Dry Eye product development?
Views: 57 DryEyeSummit
Harvard i-lab | Understanding Medical Device Development
The healthcare industry is a hot bed of innovation. A convergence of new technologies, connectivity, big data and analytic models are creating a multitude of opportunities to improve health outcomes and reinvent platforms for device and service businesses. Working in a regulated industry requires special considerations that can prove challenging for the uninitiated. From concept generation to launch, this session, led by Aidan Petrie, Chief Innovation Officer of Ximedica, will provide an overview of six essential components of successful product development specific to the development of medical devices and healthcare products. We will start with a discussion around the regulatory considerations that drive many of the activities surrounding each of the development phases and then cover step-by-step each phase of development including an overview of funding milestones and potential sources. Part how-to, part know-how the aim of this short workshop is to equip anyone who is currently trying to bring a product to market or may do in the future with a high level view from experts in the field. Ximedica is the largest product developer the country that is focused solely on the medical space. Our clients range from Fortune 30, VC's, university incubators and everything in between.
LKNA13: Minimizing Risk When Launching a Product - Chris Shinkle
How does a business minimize the uncertainty and risk it faces when launching a new product to market? Markets are full of uncertainties with ever changing demands. New products are entering the marketplace all the time. These products cause severe turbulence and unexpected outcomes. Companies operate with scarce resources - time, budget, and information. In this environment, companies must be selective about the products in which they choose to invest. However, traditional funding models lead to risky project portfolios and missed opportunities. Companies who solely focus on improving practices and processes will not overcome these obstacles. They must develop new ways to evaluate projects, meet the ever-changing market demands, and ensure the right product is being built. Come listen to Chris as he shares how SEP is using Lean concepts to help clients improve decision. Hear how some simple tools have helped companies make smarter business decisions and take advantage of new opportunities. This presentation was given at the Lean Kanban North America 2013 conference in Chicago, IL. Please visit http://lkna.leankanban.com for Lean Kanban North America 2014. About the Speaker Chris Shinkle SEP Chris Shinkle is the Director of Innovation at Software Engineering Professionals (SEP). Since 1997, Chris has been a thought leader and initiator of new ideas and continuous improvement. He introduced and led SEP's adoption of Agile software development practices in 2004 as well as the adoption of Lean and Kanban in 2007. He has used these methods to lead large, complex projects, including military aircraft engine monitoring and maintenance systems and an FDA-regulated remote patient monitoring system. He continues to leverage industry leading techniques to train SEP engineers and coach clients across a variety of domains. Chris speaks at industry conferences across the United States promoting Lean and Kanban productivity. Chris's dedication to and understanding of Lean software systems led to his induction as an inaugural member of Lean Systems Society Fellowship.
Views: 185 LeanKanban
Managing the risk of innovation: How companies take the leap
Innovation Forum 2014 March 27th / Berkeley, California Failure to embrace disruptive ideas with the power to transform a company threatens the long-term survival and growth of many corporations. So organizations need to have a culture that rewards disruptive innovations plus an effective strategy to manage and mitigate the real risks that accompany the development of breakthrough products. This session explored the requisite policies and practices that extend from the C-suite and R&D labs through the sales force and front-line employees. Stephen Hoover Chief executive, PARC Wendy Mayer Vice-president of worldwide innovation, Pfizer Padmasree Warrior Chief technology & strategy officer, Cisco Systems David Tennenhouse Corporate vice president, technology policy, Microsoft Corporation
Views: 1905 WithTheEconomist
Stage-Gate in a nutshell.
Dr Cooper explains the philosophy behind the Stage-Gate methodology, and shares the story of how the model was born. Dr Robert Cooper (www.bobcooper.ca) is known worldwide as the inventor of the ubiquitous Stage-Gate methodology for new product development (http://www.prod-dev.com/stage-gate.php). Through in-depth study of the world’s top performers for over 30 years, he has developed unparalleled understanding of what makes companies winners at the product innovation game.
Views: 23022 Planisware
Design Reviews: Mitigating Waste, Delay and Risk
This episodes covers the technologies used to support design reviews in product development.
Views: 14 Lifecycle Insights
Model-Driven Digital Twins for Lower Risk Product Development
Description: Digital twins are becoming an important tool for Industry 4.0 leaders to simulate machine behavior before physical production. Learn how digital twins can help you create better machine designs that get to market faster, all while reducing the high costs of commissioning issues. Abstract: A digital twin is a virtual model of your product, and the perfect companion for diagnostics, maintenance, and product innovations. By understanding system-wide interactions with digital twins, you'll be able to spot design issues early before having to build expensive prototypes. Once a design has been chosen, it can be connected to your controllers to test integration in a virtual commissioning phase, ironing out the issues you'd otherwise find on the production floor. In this presentation, join Graham Jackson of Maplesoft as he introduces the basics of a model-driven digital twin and explores their growing utility in the packaging industry through practical examples. Expect to leave this session with a better understanding of where digital twin techniques could fit in your development process, and learn the first steps of integration if you've never used digital twin technology before. No prior knowledge of model-based digital twins is necessary. Learn more of how to benefit from digital twins for virtual commissioning: • Overview: https://www.maplesoft.com/solutions/engineering/AppAreas/Virtual-Commissioning.aspx?ref=youtube • Evolution: https://www.maplesoft.com/solutions/engineering/AppAreas/Virtual-Commissioning-Evolution.aspx?ref=youtube • Technologies: https://www.maplesoft.com/solutions/engineering/AppAreas/Virtual-Commissioning-Technologies.aspx?ref=youtube • Workflow: https://www.maplesoft.com/solutions/engineering/AppAreas/Virtual-Commissioning-Workflow.aspx?ref=youtube • Techniques: https://www.maplesoft.com/solutions/engineering/AppAreas/Virtual-Commissioning-Techniques.aspx?ref=youtube • Benefits: https://www.maplesoft.com/solutions/engineering/AppAreas/Virtual-Commissioning-Techniques.aspx?ref=youtube For more information, visit us at: http://www.maplesoft.com/products/maplesim/?ref=youtube
Views: 380 Maplesoft
Credit Risk Modelling Introduction to Banking Products Day03
This session discusses the overview of a key retail banking product: Credit Card. It discusses an overview of credit cards: Important Characteristics and key techniques of risk management designed around it.
LKNA14: Chris Shinkle -  New Methods for Minimizing Risk During Product Development
Companies building products face similar challenges: • Surprised by information late into development • Deciding which customer opinions should they listen to if any • Understanding which features are essential to the products success and which are ancillary • Knowing how to prioritize across the many features they could build While these challenges are not new, there are new approaches being used today to address them. The level of uncertainty inherent in dealing with these challenges requires an approach that acknowledges and is optimized for that uncertainty. We're seeing a shift in the way product development companies think about and manage risk associated with products development. Organizations solely focusing on improving efficiency will not overcome these obstacles. They must adopt new practices that allow them to successfully explore these highly uncertain environments and minimize risks. Come listen to Chris as he shares how SEP is using Lean and Lean Start-up concepts to help clients manage risk in new ways. Hear how some simple tools have helped companies make smarter business decisions and take advantage of new opportunities.
Views: 83 LeanKanban
Brand Haiku #3: Brands Mitigate Product Development Risk
There are a total of fifty-seven brand haikus. Each one of the haikus is approximately sixty words. Taken individually, each haiku describes how to build and sustain a brand; how customers think, behave, and choose a brand. Considered collectively, the fifty-seven haikus convey the authority, competitive advantage, and value of owning a strong and favorable brand.   The Kindle version of Fifty-Seven is available at: http://www.amazon.com/dp/B010TSS3C4.  The PDF version of the book is available at: http://bensonbrandstrategy.com/     -------------------- Joseph Benson Benson Brand Strategy 508-628-0188 (o) 617-513-0290 (c) 508-302-0767 (f) [email protected] http://www.bensonbrandstrategy.com/ www.linkedin.com/in/josephbensonbrandstrategy
Balancing Risk: Defining Value in Product Development Innovation for Customer and Carrier
This webinar was run in conjuction with the Connected Insurance USA Summit. To find to more click here: http://events.insurancenexus.com/connectedusa/
Views: 299 Insurance Nexus
Risk Management in an Agile Environment
Managing risks is crucial in the development of safe and reliable products. Thoroughly identifying, analyzing, and controlling all the potential ways your product could fail (overall referred to as risk management) will increase the quality of any product, but is even more important in the context of safety-critical development. In an Agile environment with self-governing teams, implementing adequate risk management processes throughout the lifecycle can be a challenge. Watch this webinar recording to learn more about managing risks in general, and how to make sure all risks are considered and covered when developing software with Agile teams. The recording also gives you tips about the practical side of implementing comprehensive risk management processes in an Agile environment. For more information, visit https://intland.com/risk-management/
Views: 1989 Intland Software
Reducing risk with lean product development methodologies
Talk: Reducing risk with lean product development methodologies How to get from a business problem to a testable solution. Best practices and examples of what works and what doesn’t, from a 5 week validation phase. Speakers: Aisling Foley Aisling Foley is a senior product designer at Potato, a product development agency. She works alongside startups, scale ups and large corporations to create effective digital solutions through hypothesis development, lean experimentation and rapid validation. She’s at her happiest taking complex problems and creating simple intuitive solutions by uncovering user needs and balancing these with business objectives. Linkedin: https://www.linkedin.com/in/foleyaisling/ SimonAmor Simon Amor is a product designer at Potato. He’s currently designing end-to-end digital products for some of the world’s largest companies. For fun he works on front-end development projects using HTML, CSS and Javascript. Twitter - @SimonRAmor LinkedIn - www.linkedin.com/in/simon-amor ------ Follow design lab on Twitter @ https://twitter.com/DesignLabMeetup
Views: 179 Novoda
What Is Risk Management In Projects?
Watch this video to learn all about risk management in projects, as explained by a PMP. Try our Award-Winning PM Software for free: https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects What is risk management? How is risk management in projects defined? What role does the Triple Constraint play in project management? These questions centered around risk management in projects are all answered in this brief video hosted by Director, Jennifer Whitt. Be sure to WATCH THE ENTIRE VIDEO and learn exactly what project risk management is, along with how and when to apply it. Learn about the Triple Constraint and how elements of risk can affect the scope, quality cost or time of a project. Jennifer also talks about the relationship between the project management plan and the risk management plan. What is entailed in the risk management plan? Basically, it's the (risk management) process or the determination of how to manage risk on the project. Risk management tools such as project management software, excel and templates are also a vital part of project risk management Plus, you'll learn about all the activities used to manage risk throughout the entire project. Want to know more? Watch this video on project risk management and then... Click the link below to CLAIM YOUR FREE 30 DAY TRIAL OF PROJECTMANAGER.COM https://www.projectmanager.com/?utm_source=youtube.com&utm_medium=social&utm_campaign=WhatIsRiskManagementInProjects SUBSCRIBE to our YouTube Channel here: https://www.youtube.com/user/projectmanagervideos
Mitigating and Managing Risk for Medical Device Product Development [Polarion Webinars]
Thank you for watching our webinar teaser. View the full recording here: https://www.polarion.com/webinar-on-demand/Mitigating-and-Managing-Risk-for-Medical-Device-Product-Development?utm_campaign=YT2015&utm_medium=social&utm_source=youtube The development of safety-critical medical devices presents special challenges at every step, from product conceptualization through design, development and testing, to regulatory approval and post-market oversight and support. Polarion's interactive webinar will help regulatory, quality and R&D professionals understand the special issues of product development and how they relate to risk management in a regulated environment, including EN ISO-14971.
Views: 165 PolarionSoftware
Risk Identification in Software Engineering
In this risk identification video, learn what is project risk and the list of possible risks like personnel risks, schedule risks, technical risks, quality risks and other risks. This risk management video explains project risks checklist or risk identification list that is one of the risk identification tools. It is easy to use the risks checklist if you want to learn how to identify risk factors. This QA training also gives software development project risk examples. Useful for project risk identification. You can email me if you need a copy of my risk identification ppt. The volume is low. Click Cc button to see subtitles in English. Reference: My blog at http://inderpsingh.blogspot.com/2012/09/RapidRiskIdentification.html Also by Software and Testing Training Risk Management in Software Projects : https://youtu.be/OlzMrXtgl1I Software Testing Tutorials : https://www.youtube.com/playlist?list=PLc3SzDYhhiGWuMK03uYO-UENAx0s2woWM Test Automation : https://www.youtube.com/playlist?list=PLc3SzDYhhiGXVcy8EcrTSfwsC-v8EUZvg Programming Concepts : https://www.youtube.com/playlist?list=PLc3SzDYhhiGVqrvE28rlJR75asbujHoUL Website : http://inderpsingh.blogspot.com/ Twitter : https://twitter.com/inder_p_singh
FMEA Risk Analysis in Product Development [Polarion Webinars]
Full recorded webinar at https://www.polarion.com/webinar-on-demand/fmea-risk-analysis-in-product-development?utm_campaign=YT2015&utm_medium=social&utm_source=youtube Learn more about how Polarion products can help you with FMEA Risk Analysis, how you can eliminate relying on FMEA spreadsheets and how Risk Analysis does improve Product Development and Quality, including a guided tour with live demonstration of Polarion Portal. The full webinar includes: discussion of FMEA concepts, round-trip FMEA Risk Analysis with MS Excel, using FMEA Risk Priority scoring in Polarion, using Web Collaboration to make Risk Analysis open and visible, and integrating FMEA with Requirements, Development, and Testing Artifacts. http://www.polarion.com
Views: 2540 PolarionSoftware
Video Product Risk Analysis
In this short video Leo van der Aalst explains the steps for conducting a Product Risk Analysis.
Views: 4177 TMapNextChannel
Risk factors hindering new product development
Need Answer Sheet of this Question paper Contact us at [email protected] M: 7019944355 MARKETING MANAGEMENT A) Discuss Various Marketing Research Instruments .Give suitable examples (one example /instrument)? B) Describe following in context of new product development (NPD)? 1. The new product development decision process 2. Risk factors hindering new product development C) Illustrate the marketing mix for any two of the following? 1. Cafe Coffee Day 2. Dr. Batra’s clinic 3. Lux Soap 4. HP( Hewlett Packard) D) Illustrate with examples, the differences between Product marketing & Services marketing? E) Illustrate with examples, the methods/ways of evaluating advertising effectiveness? F) Discuss the factors which contribute in deciding the “price” of the product? Discuss various pricing methods? G) “Laco Industries “has planned to introduce new baby shampoo in the kids market. The company conducted a research in selected tier II cities in India to know the demand & successfully launched its product. In this context, discuss the characteristics of the good research? Need Answer Sheet of this Question paper Contact us at [email protected] M: 7019944355
Hazard and Risk Management in Safety-critical Development
Risk management is one of the most important QA activities in the development of safety-critical devices and software. The more complex a product (and its development project) gets, the more difficult it is to identify, keep track of, and reduce or mitigate all risks. Watch this webinar recording to learn more about: - analyzing and managing hazards - risk management in complex mission-critical product development - risk management best practices, conducting Failure Mode and Effects Analysis - documenting and reporting on your risk management lifecycle For more information, visit https://intland.com/risk-management/
Views: 273 Intland Software
Risk Management & FMEA in Safety-Critical Development
Risk management is vital for all development projects. That's especially true in the case of safety-critical software development, where mitigating all possible hazards is crucial for the reliable and safe operation of the end product. Therefore, companies developing software embedded in medical devices, avionics or automotive systems have to build efficient risk management lifecycles. Watch this webinar recording to learn the basics of risk management, as well as how to implement these in practice using codeBeamer. Failure Mode and Effects Analysis (FMEA), Risk Matrix Diagrams, risk reporting and risk traceability are all discussed in the video.
Views: 695 Intland Software
Risk Analysis in Pharmaceutical Manufacturing A Regulatory Overview.mp4
Global CompliancePanel Webinar Areas Covered in the Session: * What are the regulatory guidance documents that relate to risk analysis? * What to do at really early stages of product development. * Hazard Analysis * Software problems? * What are the contributors to the hazards? Fault tree Analysis (FTA) * Evaluating Critical Failures. Failure Mode effect Analysis (FMEA) * Assessing Risk Severity * Risk Mitigation or Prevention * Choosing the assessment team
Views: 9726 GCPwebinars
Speed Innovations to Market with Less Waste and Risk
Join John Farnbach, for a live webcast on April 17th at 2:00 PM EST (New York) / 1:00 PM CST (Chicago). He will discuss: - Why "best practice" planning creates delay and waste for innovative products; - How to reduce the cost of change, rather than trying to avoid it; - Methods to reduce risk by accelerating learning - Flexible product development Register at www.pdma.org. Video produced by Mark A Hart, OpLaunch
Views: 134 Mark Hart
Characterizing FDA’s Approach to Benefit-Risk Assessment throughout the Medical Product Life Cycle
Following the sixth authorization of the Prescription Drug User Fee Act (PDUFA VI), the U.S. Food and Drug Administration (FDA) has committed to improving the implementation and communication of its benefit-risk assessment framework. In FY 2020, FDA plans to publish draft guidance on benefit-risk assessment of new drugs and biologics. When finalized, the guidance will provide drug sponsors and other stakeholders with a clearer understanding of how considerations on a drug’s benefits versus risks factor into FDA’s regulatory decisions throughout the drug development life-cycle, including premarket and postmarket phases. Stakeholders’ perspectives and experiences regarding the benefit-risk framework are important to FDA’s guidance development and to FDA’s communication and implementation of the framework. Accordingly, the Duke-Margolis Center for Health Policy—under a cooperative agreement with FDA—is convening a public meeting to discuss: 1) FDA’s planned benefit-risk assessment guidance; 2) activities that occur in pre-market development that best inform FDA’s benefit-risk assessment; 3) effectively communicating benefit-risk assessment information; and 4) using benefit-risk assessment to inform FDA and sponsor decision-making in the post-marketing setting.
Views: 1421 Duke Margolis
Risk Management & Product Realization
In this webinar, Barbara Young covers the changing international dynamics for Managing Risk, the basic elements of a Risk Management Program, the application of Risk Tools throughout development of products, and tips for successful Risk Management execution. This recording is posted with speaker permission. (Presentation date: 6/7/18)
Development and Delivery of Pharmaceutical Products  (CMC) - MaRS Best Practices
Moving from drug discovery to drug development requires a particular skillset usually not yet honed by start-ups. This phase of the development process is highly regulated and critical. Let Dr. Colin Minchom take you through the aspects of the Chemistry, Manufacturing and Control (CMC) portion of the drug development process. Watch this video to learn about the pharmaceutical product development which includes objectives of formulation, cost-effective strategies to reach key milestones and more. MaRS -- Building Canada's next generation of global technology companies. marsdd.com
Risk Assessment
-- Created using PowToon -- Free sign up at http://www.powtoon.com/youtube/ -- Create animated videos and animated presentations for free. PowToon is a free tool that allows you to develop cool animated clips and animated presentations for your website, office meeting, sales pitch, nonprofit fundraiser, product launch, video resume, or anything else you could use an animated explainer video. PowToon's animation templates help you create animated presentations and animated explainer videos from scratch. Anyone can produce awesome animations quickly with PowToon, without the cost or hassle other professional animation services require.
Managing and Tracing Risk Controls in Medical Device Development
Listen as Dr. David Vogel discusses using risk controls to address harms, hazards, and causes in medical device development. The end of the video includes a short demonstration of how easy it is to manage risk controls and trace those to harms and hazards with Seapine's TestTrack solution for complex product development.
Views: 242 seapineview
Better Manage Risk to Overcome Perfect Product Limitations
Improving your risk management practices as part of the product development process is a key takeaway for organizations looking to overcome limitations in building the "perfect product." In this short video, Anthony Washington outlines 3 necessary steps to begin better managing risk within the product development lifecycle.
Views: 54 seapineview
Agile Risk Management
How do we deal with risk in Agile development? We call it Agile Risk Management. In traditional waterfall projects, we save testing for the very end of our project development plan. That leaves discovering any potential bugs or misalignment to the very end. That means we suddenly have a limited amount of time to get our entire project back on track. Learn more about dealing with the Risk Iceberg Problem--meaning the hidden work--through Agile planning and development practices with this video from David Hawks. You can also read about Agile planning and Agile Risk Management with our article: Don’t Lock in Tough Decisions Early (https://agilevelocity.com/agile/dont-lock-in-tough-decisions-early/) Follow Agile Velocity around the internet: Our Website: http://www.agilevelocity.com/ Our Agile Library: https://agilevelocity.com/library/ Twitter: https://twitter.com/agile_velocity Facebook: https://www.facebook.com/AgileVelocity/ LinkedIn: https://www.linkedin.com/company/agil... Instagram: https://www.instagram.com/agile_veloc…
Views: 2383 Agile Velocity
Virtual development: How to optimize your process to reduce risk and increase rewards
Improving speed to market and optimizing resources in the medtech industry requires thinking beyond traditional development models. Increasingly companies are moving towards virtual product development using partners.This panel featured industry experts who can help you understand how to select the right partner for your project, protect IP ownership, and successfully build and manage a virtual development team.
Views: 16 MassDevice
Risk Oriented Decision Making At Early Stages Of Product Development  Case Solution & Analysis
https://www.thecasesolutions.com This Case Is About Risk Oriented Decision Making At Early Stages Of Product Development Case Solution and Analysis Get Your Risk Oriented Decision Making At Early Stages Of Product Development Case Solution at TheCaseSolution.com https://www.thecasesolutions.com/risk-oriented-decision-making-at-early-stages-of-product-development-at-indias-leading-earthmover-company-case-solution-81250
ISO 14971: Medical Risk Management Best Practices
For more information, visit https://intland.com/medical-device-development/ Risk management is of such vital importance in the development of medical devices that a separate standard was devised to ensure the adequacy of hazard reduction processes. ISO 14971, a standard titled Medical devices -- Application of risk management to medical devices aims to ensure that medical end products (devices) are as free of hazards as reasonably possible. It specifies a process for identifying, analyzing, and controlling (reducing or mitigating) all risks, and to monitor the effectiveness of your risk management lifecycle. Watch this webinar recording to learn more about the practicalities of managing risks in complex medical (embedded) software projects. This webinar recording covers the planning and execution of a comprehensive risk management lifecycle, from analysis through reduction to reporting and compliance.
Views: 5761 Intland Software
Risk Control Measures in Medical Device Development
Listen as Dr. David Vogel of Intertech Engineering discusses the different levels of risk controls available to medical device development teams during the product development lifecycle, as recommended in ISO 14971. Different levels of risk control are appropriate for different severities of potential harm or hazard to the end user.
Views: 426 seapineview
Innovation Project Risk
innovation involves risk, yet we have tools to help manage those risks. Some tools include the product innovation charter, structured NPD process (stage-gate), and product portfolio management. Read the full post at www.globalnpsolutions.com.
Views: 118 Global NP Solutions
R&D and Open Innovation Analytics: Streamlining Processes, Optimizing Decisions and Managing Risk
Product development is inherently risky. While organizations have varying attitudes and approaches for managing and mitigating risk, the fact remains that without taking some risk, there can be no meaningful innovation. An understanding of the risks combined with a set of robust predictive analytics can provide clarity on the key issues of open innovation. By applying marketplace, crowdsourcing and cycles of learning best practices in the scouting, selection and management of external partners, we can use open innovation successfully on our projects. This webinar provides an easy to implement method of setting goals, prioritizing OI risks and then applying predictive analytics to manage and mitigate them.
Tech-Knows - Using architecture flexibility to reduce development risk
When embarking on a new product development a common desire is to get the first product into the customer's hands for application testing as soon as possible. This short video talks about how one can use architecture flexibility to reduce the risk in achieving this objective.
Views: 36 TechKnowsWireless
14 Eliminate most commercial risk
Leader’s Guide to B2B Organic Growth - Episode 14 Consider 3 phases of product development: front-end, development, and launch. You resolve technical risk in the development stage. Most companies resolve commercial risk during the launch stage. Big mistake. Nearly everything needed to resolve commercial B2B risk is knowable in the front-end. Watch the next episode in the Leader's Guide series: https://youtu.be/qneKv7wBvfQ
Views: 19 The AIM Institute