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Unni A M,SOE,CUSAT
Characteristics of Successful product
development
Product Quality
Product cost
Development time
Development cost
Development capability
Unni A M,SOE,CUSAT
Composition of a product development
team
Unni A M,SOE,CUSAT
Challenges…
• Trade-offs
• Dynamics
• Details
• Time pressure
• Economics
Unni A M,SOE,CUSAT
interests…
• Creation
• Satisfaction of societal & individual
needs
• Team diversity
• Team spirit
Unni A M,SOE,CUSAT
Unni A M,SOE,CUSAT
Identify customer needs
• Gather raw data from customer
• Interpret the raw data in terms of
customer needs
• Organize the needs
• Establish the relative importance
of needs
• Reflect on the process and the
results
Unni A M,SOE,CUSAT
Gather raw data from customer
• Interviews
• Focus groups
• Observing the product in use
Unni A M,SOE,CUSAT
• When and why do you use this type of
product?
Unni A M,SOE,CUSAT
Product specification…
Unni A M,SOE,CUSAT
Product specification…
Target specification
Final specification
Unni A M,SOE,CUSAT
Establishing target
specification..
Step1: Prepare the list of metrics
Step2: Collect the competitive
benchmarking information
Step3: Set ideal and marginally
acceptable target values for each metric
eg: at least X
between x and y
exactly y…
Step4: Reflect on the results and the
process
Unni A M,SOE,CUSAT
Setting final specifications
• Step1 :Develop technical models
» Both analytical & physical
Unni A M,SOE,CUSAT
Setting final specifications
(cntd…)
• Step3 : Refine the specification,
making trade-offs where necessary
» Competitive map
Unni A M,SOE,CUSAT
Thank you