Abstract: Disclosed herein is a system and method for project risk assessment. The system and method include collecting project identification information, receiving responses to a single comprehensive query about the project, using the responses to find specific characteristics of a coupled module for performing tasks related to the project, and determining a risk level of the module performing the tasks based on the specific characteristics of the coupled module.

Abstract: The disclosed system relates to identification of risk before and during the creation of hardware and software products and services. A method for assessing risk in product development includes the steps of creating a software program and storing the software program in a non-transitory medium, receiving user input respecting the product development program, identifying risks to continuing development of the product, and assigning a technology readiness level to the new technology being incorporated into the product. User input includes query functions and data display capabilities.