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Application of Project Management in New Product Development
Rating: 3.7 out of 5(13 ratings)
81 students

Application of Project Management in New Product Development

Increase your new product development success rate by using proven project management concepts, tools and techniques
Created byGanesh Babu
Last updated 3/2020
English

What you'll learn

  • You will learn the factors causing for project success or failure
  • You will learn the importance of project management to business growth
  • You will learn the typical challenges in New Product development (NPD)process
  • You will learn the relavence of project management to NPD success
  • You will learn proven practices of project management in NPD process
  • You will learn the role of project lead and team on the success of NPD process through project environment
  • You can readily apply project management concepts, tools and techniques in your NPD process

Course content

4 sections19 lectures1h 9m total length
  • Definition of Project1:18

    Definition of project in general and business context

  • Typical Projects in Business environment1:34

    Type of projects in business environment and why they are classified as projects

  • Defining Success or Failure of a project2:41

    how to define project success or failure in a business environment

  • Causes of Project Success or Failure4:33

    Factors contribute to project success or failure . This lecture will give clarity on a holistic view on project success or failure

  • Brief about Project Management2:06

    Definition of project management

  • Importance of Project Management to Business profitability and growth2:22

    Importance of project management in a business environment

Requirements

  • No specific prior knowledge of project management is required, however working experience in new product development environment is preferable

Description

This course is all about improving your new product development process and ensuring on-time delivery, cost and meeting product requirements by applying project management principles, concepts, tools, and techniques.

This course is structured with basic understandings of projects in a business environment, causes of project success or failure, typical scenarios in emerging organizations on the new product development processes and the relevance of project management to manage those challenges or issues. Also explained broadly, the proven practices of project management principles and the relevant tools and techniques to apply in new product development processes. Also discussed the people aspects in new product development and the role of top management, project leader or manager, team members, competency requirement.

To get confidence to implement Project management principles in the new product development process in your organization irrespective of your products or industry background, I have given practical examples that had been tested and implemented in various manufacturing industries.

This course is very useful if you struggle to develop new products on-time, within cost estimate and meeting customer's requirements. Ideal learning course for SME business owners, Plant heads, Manufacturing, Process Engineers, Design engineers, project managers, development teams from manufacturing organizations in small, medium scale organizations of any industry background.

At the end of the course, you will be able to re-look at your organizational new product development processes from a different perspective, identify the gaps and able to apply some of the project management principles learned in this course.

Who this course is for:

  • Designer,Product development team, Project Leaders and Managers,Operations head and any people working in new product development environment