Project risk calculator
Innovation projects are different from product development projects. They are characterized by risk management rather than predictability. Their main purpose is to reduce risk. The business model canvas describes the business model. It is further divided in three sections: desirability (customer value), feasibility (infrastructure) and viability (financials). Each risk, from very high to very low, is separately assessed and then added to a total, and it is estimated periodically and tracked. Multiple choices are used to increase objectivity and to indicate how to reduce each individual risk.