The Development Process RR

No two product developments are the same, but there are principles to which they should all adhere:

Model Development Sequence for technical products

Not all developments will require all of these stages, and others may be needed in special cases:

Business and opportunity analysis:

Result: Analysis of present position, dynamics, threats and opportunities

Opportunity development:

Result: Candidate business/product concepts with estimated costs, benefits and risks

Concept Validation:

Result: Quantified commercial opportunity

Product Development:

Results: Product design, marketing plan, Quality plan, marketing communications, production plan, patent application(s)

Introduction to production

Result: commercial success & plan for improving market position




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