
Definition of project in general and business context
Type of projects in business environment and why they are classified as projects
how to define project success or failure in a business environment
Factors contribute to project success or failure . This lecture will give clarity on a holistic view on project success or failure
Definition of project management
Importance of project management in a business environment
Typical challenges or scenarios exist in new product development process in the organization.The student can relate the challenges with their organization.
This lecture will give clarity to the students on the relevance of project management to the challenges or typical issues faced by the organization.
Importance of core team formation and the elements of it
Definition of tollgates and importance in new development process.Typical examples of Tollgates in various NPD process from different industries
Definition of functional checkpoints in tollgates and typical functional checkpoints in functions like design, procurement, manufacturing, quality, marketing and project management
The method of measuring project success trend in each tollgate by fixing key performance indicators
Review forums and its significance in NPD process
Project management practices on dealing with changes in new product development stages
Project management process to deal with risk in new product process
Role of project leader in NPD process and competency required for project manager or leader
Competency required for team member in a project environment
Role of Senior Leadership team in the success of new product development process
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.