Getting a product from an idea to the marketplace is a long journey that’s mapped in the production process. Another way to look at the production process is as a series of detailed steps that take you from one point…
Read More
Product development projects can’t move forward without evidence to support that a viable product can be produced. That’s why you need proof of concept (POC) to prove a business idea or project has legs to stand on. So, what is…
Read More
Planning and scheduling production is just the starting point in manufacturing. Once the production line is in action, managers need to keep a close eye on what’s happening to ensure they’re meeting the production schedule and delivering goods on time…
Read More
The best things in life are free, but manufacturing goods cost money. The cost of production of those products isn’t as straightforward as it might seem. The sum total investment that it takes for a business to create a good…
Read More
Whether you’re a big or small business and no matter what product you manufacture or service you provide, you’re always looking to deliver the highest quality and greatest value for your customers. One way to achieve these goals is through…
Read More
Stakeholders are anyone who has a vested interest in the project. They can be internal, such as project managers, teams, owners or investors, or external, such as clients, customers or suppliers. There can be a lot of stakeholders in any…
Read More
Ideas are essential to product development, but they’re intangible. Turning an idea into a product requires many steps. One of the first is to create a product prototype. If you want to know what product prototyping is, you’ve come to…
Read More
Manufacturing requires an understanding of production, its phases and when you need to assemble the product you’re building. Mapping this out with a production flow chart ensures a more seamless process. What is a production flow chart? We’ll get to…
Read More
When you’re making a product, how do you ensure that all the desired capabilities are included in the final deliverable? That’s why a project requirements document (PRD) is so important. It communicates this information to everyone on the product team….
Read More
Products have a lifespan just like everything else. After they’re born, they develop, mature and eventually die. That journey is called product lifecycle management. Like any aspect of creating a product, it involves many processes. Product lifecycle management is the…
Read More
Product development is part of the product management process, which covers the product life cycle from start to end. The product launch is a particularly important stage in this cycle as it can determine the success or failure of a…
Read More
The expression “product manager vs. project manager” is commonly seen online, but what is the true difference between the two? Both roles are responsible for managing either the product or project lifecycle, two separate but similar processes that require leadership…
Watch
Projects are designed to deliver a product or a service within a specific timeframe and budget, a process that the project manager oversees. If that person is a product manager, he or she may apply a product breakdown structure (PBS)….
Read More
Form will go here
A template for every team.
Browse templates