Thank you for the opportunity to help you with your question!
Two tools, used in tandem, can help companies do this. The first, the
risk matrix, will graphically reveal risk exposure across an entire
innovation portfolio. The second, the R-W-W (“real, win, worth it”)
screen, originated by Dominick (“Don”) M. Schrello, of Long Beach,
California, can be used to evaluate individual projects. Versions of the
screen have been circulating since the 1980s, and since then a growing
roster of companies, including General Electric, Honeywell, Novartis,
Millipore, and 3M, have used them to assess business potential and risk
exposure in their innovation portfolios; 3M has used R-W-W for more than
Please let me know if you need any clarification. I'm always happy to answer your questions.