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Project Management for Development of New Products (3 PDUs)
Rating: 4.2 out of 5(10 ratings)
23 students

Project Management for Development of New Products (3 PDUs)

Using the tools and techniques of project management to develop new products and services.
Created byEric Heilmann
Last updated 5/2025
English

What you'll learn

  • Support a culture of ideas in the organization
  • Build an integrated project management system
  • Build an Integrated Project Management System
  • Understand quality, process improvement and project metric tools
  • Understand the role of management and teamwork

Course content

5 sections23 lectures3h 28m total length
  • Culture of Ideas7:24

    An introduction to new product development and how successful products are created in a learning organization.

  • Creating an Idea Factory15:49

    To consistently generate and launch new products, you need to create an environment and process to continually generate ideas in abundance.

  • Strategic Alignment6:56

    How should a company most effectively invest new product development resources? That is what portfolio management is all about: resource allocation to achieve company product innovation goals.

  • Risk Planning6:04

    Depending on the scale of resources needed, launching a new product can mean the difference between success and failure for a company. While developing new products, the team, as well as the entire company, should be aware of and address potential risks associated with launching the product.

  • Culture of Ideas

Requirements

  • Understanding of project management tools and methods

Description

Welcome to Managing the Development of New Products. I’m Eric Heilmann, and I’ve been leading new product development programs for over 20 years at various companies in the tech industry. I have found this field of program and project management very rewarding, and I’m excited to have the opportunity to share what I’ve learned with you.

The objective of new product development is to enable the sales, delivery and support of products and services. The goal of course is to provide customers with value while meeting the business needs of your company.

In this course, I will be covering a lot of familiar concepts and techniques that are part of general project management. However, in the context of new product development, some of these techniques take on more significance than others. For example, interfaces to product management, business development, and customer support are critical to defining and validating the product before releasing it to mass production.

As a new product development program manager, you are not just responsible for delivering a product on time and under budget, but also for making sure that planning and execution of the entire new product introduction is carried out successfully. No matter what industry you are in, technology and globalization will continue to increase competitive pressure, making the successful development and launch of new products even more critical to the health and survival of your company.

Who this course is for:

  • Project managers who want to learn tools to manage the development of new products.