Resource Site Structure

The resource site is divided into an introduction to the new product development process and the four Stages of NPD.

NPD Stage

Topic

 

Introduction to New Product Development

Stage 1

Environmental Scan & Strategic Direction stage

Stage 2 Proof of Concept stage

Stage 3

Pre-production stage (the Prototype stage)

Stage 4

Commercialization stage

We recommend that you complete Introduction to New Product Development first. After completing this introduction you may complete the other Stages in any order.

Each stage provide three tools to help you develop your new product plan..

One

Checklist questions to identify the key problems and issues related to that stage.

Two

Information links to references that will help you develop a strategy to deal with each problem or issue.

Three

A computer analysis model will show you the economic and financial implications of each of your decisions. See Course Tools for more information about the computer model.

This approach will help you identify the key success factors that must be addressed in each stage; then direct you to the information that is available to develop a strategy to deal with each factor; and finally show you the economic and financial impact of your decisions.