In the course of Product Development, customers are the one who we want to be purchasers of the product, so their needs might be different, and their expectations might be different so, it is necessary to understand the customer needs for any type of the Product Development Process. Why Identifying customer needs is important? Every […]
What is Technology S-Curve in Product Design?
In the course of Product Design and Development, the Technology S-Curve determines the performance in regards to time and effort. It assists in determining the level of maturity of the industry/product. Let us discuss more details on the Technology S-Curves. Technology S-Curve When evaluating a product or an industry, it is crucial to understand where […]
Technical Questioning and Mission Statement in Product Development
In the course of Product Development, the Technical questioning and the Mission statement are the two basic methods of weighing the two risks of the new product development. Those risks are Technical risk – can we make it? Market risk – will they buy it? The two simple tools to understand and clarify these risks […]
What are Product Development Planning Tools?
For any product development, Product Development planning is a necessary task for any kind of product. To perform this task, we have a different variety of tools. Such as Gantt Charts, PERT, CPM. Product development Planning Product Development planning Basic Constituents are What: Tasks When: Schedule Where: Equipment and facilities How: People, material, facility, and […]
Organizational structures in Product Development
Successful firms must organize their product development staff to implement the process in an effective manner. In this article, we will discuss the different organizational Structures used for product development and offer guidelines for choosing among these options. Organizational structures In general, Organizations Are Formed by Establishing Links among Individuals. A product development organization is […]
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