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Technical product ownership

Risk Factor’s Technical Product Ownership service provides specialized leadership in the creation of technical products, ensuring alignment with the distinct business objectives and market requirements of each client.

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Our approach is centered around the client, with skilled product owners who are proficient in crafting product visions, overseeing roadmaps, and guaranteeing that each phase of development delivers viable commercial results. Our methodologies, rooted in agile principles, are tailored to achieve rapid market delivery with functionality that justifies business investment. The service includes comprehensive coordination between different teams, ranging from development to operations and marketing, to ensure a cohesive product development process. Risk Factor uses a proprietary product and development methodology based on agile principles.

At Risk Factor, we prioritize managing both cost and technological risks, along with maintaining stringent quality standards. We employ key performance indicators to track and ensure progress aligns with both technical and business goals. Our commitment extends well beyond the initial product launch. We offer sustained support, regular updates, and adjustments in response to emerging technologies and market shifts, including aspects of infrastructure and operation. This long-term involvement is designed to foster business success through the strategic adoption of technology.

Ready to take the next step? Let’s chat!

Talk to Javier

Deliverables

This is an ongoing service with most deliverables being updated on a regular basis.

1. Product Vision and Strategy Document

A clear and comprehensive document outlining the vision, objectives, and strategic direction for the product. This includes defining the target market, value proposition, and unique selling points. This document is always developed in close partnership with the client’s team.

2. Roadmap and Release Plan

A detailed plan showcasing the product development timeline, including key milestones, release schedules, and prioritization of features and functionalities. This is a live document that is kept current on every iteration of the product.

3. Requirements Specification

Detailed documentation of the product requirements, both functional and non-functional.

4. Market Research and Analysis Report

Insights into market trends, customer needs, and competitive analysis to inform product development and positioning.

5. Stakeholder Management Plan

A strategy for effectively communicating with and managing expectations of all stakeholders involved, including internal teams, external partners, and customers.

6. Risk Management Plan

Identification of potential risks in the product development process with strategies for mitigation to ensure smooth project progression.

7. Quality Assurance and Testing Strategy

A comprehensive plan for ensuring the quality of the product through various stages of development, including testing methodologies and performance benchmarks.

8. Budget and Resource Allocation Plan

Detailed documentation on budgeting, resource allocation, and cost management for the product development lifecycle.

9. Feedback and Iteration Process

Mechanisms for gathering user feedback and incorporating it into the product development process for continuous improvement.

10. Integration with Other Services

If applicable, plans for integrating the product with other services offered by Risk Factor, such as AI Adoption, Software Development, Data Analysis, and Infrastructure Deployment.

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