Development of the Product

  1. How sound are the scientific principals underlying this invention?
  1. There are serious questions as to the soundness of the science.
  1. Most of the scientific principals have been proven and our judgment is that the remainder will be proven upon further work.
  • (10) The science is sound and has been proven either in this effort or previous documented efforts.
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    1. In what stage of development is this product?
    1. It is on paper only and is at a very high level.
    1. It has progressed past the proof of principal stage and all engineering/scientific principles have been proven. A dependable schedule for completing development is in place.
  • (10) It is ready for production and pre-production prototypes are available. Product cost estimates are in place and are firm.
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    1. What is the capability to develop derivative products from this technology?
    1. No derivative products appear to be possible.
  • (5) Opportunity exists to make this a platform for multiple products. Substantial engineering resources will be required. No solid product plans are in place for derivatives.

    (10) This technology is a platform for multiple products. A number of product plans are in place. A high degree of reuse of engineering work is possible.

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    1. What is the length of time required for regulatory approvals?
    1. Regulatory approvals are expected to take more than two years.
  • (5) Regulatory approvals are expected to take less than one year.

    (10) There are no regulatory approvals required.

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    1. What is the degree of development risk in this project?
    1. There is a high likelihood that this project cannot be completed at all or will require substantially more time and money than planned. The severity of the cost and time overruns is such that the opportunity for the product may be lost. The point of highest risk will be late in the development cycle.
    1. There is some likelihood that the project cannot be completed at all but we view the risk as manageable. Additional time and money above budget may be required but we believe these amounts will not jeopardize the viability of the product. The point of highest risk is in the early half of the project.
  • (10) It is virtually certain that this project can be completed on time and within budget. We have passed the point of highest risk and the remaining risk is contained.
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    1. What is the remaining time to market?
    1. The remaining time to market is over three years.
    1. The remaining time to market is 18-36 months.
  • (10) The remaining time to market is less than 18 months.
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    1. What development investment in dollars is required from now to first customer shipment?
    1. More than $2 million
    1. Between $1 and $2 Million
  • (10) Less than $1 million
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    1. What development personnel resources are required and how readily available are they?
    1. Greater than 15 development personnel will be required and none of them are believed to be readily available.
  • (5) 10-15 development personnel will be required, a large percentage of them are on staff and the remainder is believed to be readily available.

    (10) Less than 10 development personnel will be required and all are on staff, or more than 10 will be required and all are on staff.

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