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We recently started a project with a new client from the UK to develop a SaaS application for them using Innovation Games and found them to be very useful in developing and prioritizing product features and development plans.

In part one of this series, we proposed two situations that are occurring in this tough economy:

* Startups with experienced founders and a strong product idea but limited funds and time to build a team.
* ISVs with existing products who are faced with dwindling sales, lowered product development budgets and increased pressure to roll out new versions and extensions for their product line.

We posed outsourced product development (OPD) as one possible solution, but also exposed a few of significant risks involved. So what issues do you have to consider when judging OPD vendors?

This is a tough time to be starting a business, but many people in technology or with deep industry experience who have been recently laid off are doing just that. Companies with existing product lines are facing tough choices too. Can you afford to sit on your hands while your sales dwindle? So let’s imagine you’re one of those folks…