Risks and Opportunities

WA allows you to add or edit new risks and/or opportunities to systems and sub-systems.

Design Optimization, quality improvements, cost reduction are some of the typical activities which directly affect the product weight during the development process and therefore can be represented in WA as a change item. WA offers managers the possibility to foresee the impact of changes occurring in the future and to perform what-if analysis.

In general, such changes correspond to a risk of higher weight or an opportunity to reduce it. WA provides Risks and Opportunities Management throughout the entire product life cycle so that you can get a good forecasting of KPIs already at product launch and have the ability to take countermeasures in the early development phase.

The capabilities of WA are as follows:
  1. Define Risks and Opportunities at product level.
  2. Set application and expiration date (validity time frame) for each R&O.
  3. Set statistical probability for R&O.
  4. Highlight the trend of the overall product weight, including Risks and Opportunities, during the PLC.
  5. Highlight the spread of the uncertainty in terms of total product weight.
  6. Benchmark Current product weight with R&O against Performance Reference Weight, Competitor Reference Weight, Penalty Reference Weight, Target Weight.
  7. Monitor Development Weight Margin.
  8. Automatically import R&Os from your repositories into WA. This is on demand via customization.