Project information

13/03/2019 Due date
31/10/2016 Start date


Project team

Show more members



How to do Product Development Projects Easy?

  1. Read little bit of theory :-)
  2. Choose proper model as listed below
  3. Initiate new project using template of the model
  4. Follow-up template Instructions

Product Development 

In business and engineering, new product development (NPD) is the complete process of bringing a new product to market. New product development is described in the literature as the transformation of a market opportunity into a product available for sale and it can be tangible (that is, something physical you can touch) or intangible (like a service, experience, or belief). A good understanding of customer needs and wants, the competitive environment and the nature of the market represent the top required factors for the success of a new product. Cost, time and quality are the main variables that drive the customer needs. Aimed at these three variables, companies develop continuous practices and strategies to better satisfy the customer requirements and increase their market share by a regular development of new products. There are many uncertainties and challenges throughout the process which companies must face. The use of best practices and the elimination of barriers to communication are the main concerns for the management of NPD process.

Product Development Models


No data to display

Add picture from clipboard