As part of their product development lifecycle, this company is using our platform to ask questions about the outcome of product testing and performance in the marketplace.
Helping to manage their portfolio of research projects by predicting which will successfully meet business requirements.
Avoid cost and schedule overruns on large, capital and resource intensive projects and assess competitive activity.
Gain consensus on industry trends and related metrics from experts across the company.
Augment project management processes to gather input from entire product development teams in regards to risk factors, the ability to meet milestones, and quality control.
Generate quantitative forecasts for specific business development activities and track progress against strategic initiatives.
Assess new ideas to improve processes and products.
Deployed as part of a culture change program by the Human Resources group.
MITRE manages federally funded research and development centers (FFRDC's) in the United States, partnering with Government sponsors to support their crucial operational missions.
Working with the U.S. Air Force, MITRE ran an Inkling prediction market to crowdsource forecasting the likelihood of project risks occurring. Not only were they able to better quantify risks to their projects but they found awareness of risks and logging them significantly increased.
