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Product development at Intel has become increasingly complex as the company moves from delivering
independent components to delivering usage-centric platform/ingredient systems. To better address
the business issues that could prevent the success of the platform strategy, a product development
risk process was developed and deployed. This process is based on the standard corporate risk
management methodology and uses a database tool to provide consistent deployments across teams. The
current process focuses on qualitative assessment of risks across product development. The
deployment of this process has improved the quality of product development processes and reduced
last-minute fire-fighting responses to issues. Active risk management. using common processes and
tools has resulted in increased communication across large platform development teams, accelerated
product launches, and quick responses to ecosystem changes. As teams gain experience in active risk
management the focus will move towards more quantitative analysis. The future of product
development risk management will tie schedule and risk management more closely together with Monte
Carlo simulations to improve the predictability of launching a platform with the needed feature set
in the time-to-market window.
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