Search results
Results From The WOW.Com Content Network
A product breakdown structure (PBS) is a tool for analysing and documenting the outcomes of a project under the PRINCE2 methodology. It provides a hierarchical tree structure of deliverables that make up the project, and precedes the work breakdown structure (WBS) that identifies the tasks and activities.
Co-branding is a marketing strategy that involves strategic alliance of multiple brand names jointly used on a single product or service. Learn about the types, forms, advantages, disadvantages, and examples of co-branding, as well as its relationship with brand equity and brand association.
An integrated product team (IPT) is a multidisciplinary group of people who deliver a product or process. IPTs are used in complex development programs/projects and are part of systems engineering methodologies.
Concurrent engineering is a work methodology that integrates design, manufacturing, and other functions to reduce product development time and cost. It involves cross-functional teams, iterative design, and consideration of the product life cycle.
Learn how to model the hierarchical decomposition of a product, also known as the bill of materials (BOM), using different concepts and views. See an example of product structure modeling in car manufacturing and the process-data diagram.
The nominal group technique (NGT) is a group process involving problem identification, solution generation, and decision-making. It involves silent generation of ideas, sharing, discussion, voting and ranking of ideas, and has advantages and disadvantages.
Learn about the history, role, and tasks of product management, the business process of planning, developing, launching, and managing a product or service. Find out how product managers align across departments, analyze customer and market data, and create product strategies and roadmaps.
A minimum viable product (MVP) is a version of a product with just enough features to be usable by early customers who can then provide feedback for future product development. Learn about the concept, purposes, testing, and examples of MVP in the context of Lean Startup methodology.