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Computer system and method for dynamically assessing the market readiness of a product under development

  • US 6,038,517 A
  • Filed: 01/03/1997
  • Issued: 03/14/2000
  • Est. Priority Date: 01/03/1997
  • Status: Expired due to Term
First Claim
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1. A method of dynamically assessing the market readiness of a product under development as represented by a current confidence level, the method comprising the steps of:

  • (a) subjecting the product to a product reliability test;

    (b) accumulating a runtime for the product during the product reliability test;

    (c) accumulating a number of failures for the product during the product reliability test;

    (d) storing the accumulated runtime and number of failures on a computer;

    (e) at any time during the product reliability test and prior to the product meeting a predetermined reliability goal, generating with the computer a current confidence level from the accumulated runtime and number of failures, wherein the current confidence level is related to a quantified risk assessment of whether the product will ultimately meet the predetermined reliability goal thereby providing a data-driven determination of whether a product should be released prior to completion of the product reliability test; and

    (f) halting the product reliability test and releasing the product prior to completion of the product reliability test when indicated by the current confidence level.

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