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Beyond Technical Milestones:Incorporating Desirability Into Your Medical Innovations Molina Canadian RTI Innovation Advisor moline@rti.org August 24, 2021Seminar Objectives Emphasize the importance
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01
Define the problem or opportunity you are addressing
02
Assess the desirability by evaluating if the solution meets the stakeholders' needs and desires
03
Evaluate the feasibility by looking at the resources, expertise, and technology required to implement the solution
04
Consider the viability by analyzing the economic, environmental, and social impact of the solution
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Fill out the applying form by documenting your findings and decisions for each of the criteria

Who needs applying form desirability-feasibility-viability framework?

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Individuals or organizations looking to assess the potential success of a project or initiative
02
Managers or decision-makers seeking a comprehensive framework to evaluate the desirability, feasibility, and viability of a proposed solution
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The desirability-feasibility-viability framework is a strategic tool used to evaluate the potential success of a project or idea by assessing its desirability to the target market, feasibility in terms of resources and capabilities, and viability concerning financial sustainability.
Individuals or organizations that are seeking to launch new products, services, or projects and need to demonstrate a well-rounded approach to assessing their potential success are typically required to file this form.
To fill out the applying form, users should clearly outline the aspects of desirability, such as market needs; feasibility related to resources, skills, and technology; and viability concerning financial projections and business models. Each section requires detailed information supported by data.
The purpose of the applying form is to systematically assess and validate new ideas or projects before launch to ensure they meet market needs, can be realistically executed, and have a sustainable business model.
Information that must be reported includes market research data, stakeholder analysis, resource requirements, risk assessments, financial forecasts, and relevant metrics that demonstrate the project's potential for success.
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