Course Project - Strategic Goal Controlling

PRODUCT DEVELOPMENT TASKS

Professor’s Name

Student’s Name

Course Title

Date

The following are the tasks involved in accomplishing the product development goal;

TASK	START DATE	TIME TAKEN (DAYS)	END DATE
Research	4/1/2019	60	6/1/2019
Analysis of ideas	6/1/2019	14	6/15/2019
Concept Development	6/16/2019	31	7/16/2019
Business Analysis	7/17/2019	7	7/24/2019
Development of Product	7/24/2019	120	11/24/2019
Test Marketing	11/25/2019	31	12/25/2019
Final product marketing	1/5/2020	31	2/5/2020
Product Launch	2/6/2020	7	2/14/2020

The following is the grant chart of the tasks;

The following is the task network of the tasks;

Potential issues

Overlapping of activities. Some of the activities may overlap in terms of one activity beginning before the completion of previous activity. For instance, analysis of ideas may commence before the completion of the entire research activity. This in turn may result in unnecessary expenditure from the analysis of insignificant ideas that may have been found at the beginning of the research that may not be useful.

Underestimation of the time taken by an activity. The approximation made are based on “perfect” conditions, which is not always the case during the implementation of the development of the product. Underestimation of duration maybe result in increased wages due to the extra hours incurred.

References

Cooper, R. G. (2016). Agile–Stage-Gate Hybrids: The Next Stage for Product Development Blending Agile and Stage-Gate methods can provide flexibility, speed, and improved communication in new-product development. Research-Technology Management, 59(1), 21-29.

Haas, A., La Rocca, A., & Snehota, I. (2016). Building Initial Relationships: The Emerging Tasks of Sales in New Business Development. In Thriving in a New World Economy (pp. 2-5). Springer, Cham.

Cooper, R. G. (2019). The drivers of success in new-product development. Industrial Marketing Management, 76, 36-47.

Goevert, K., Brombeiss, M., & Lindemann, U. (2019). Integration of Mechatronic Product Development Methods in an Agile Development Area. In Research into Design for a Connected World (pp. 119-131). Springer, Singapore.

START

Research

Analysis of ideas

NO

Found Research

YES

NO

YES

STOP

Product Launch

Product Marketing

Test Marketing

Product Development

Is the Concept feasible?

Business Analysis

Concept Development