Product Development Process
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A Product Development Process is a business process that transforms product ideas into market ready solutions (through systematic approaches).
- Context:
- It can execute Product Strategy through market research and competitive analysis.
- It can perform Product Design through user research and prototype creation.
- It can manage Development Lifecycle through agile methodology and sprint planning.
- It can conduct Product Testing through quality assurance and user acceptance testing.
- It can enable Product Launch through go to market strategy and release management.
- ...
- It can often incorporate User Feedback through iterative development and continuous improvement.
- It can often utilize Product Analytics through usage data and performance metrics.
- It can often implement Feature Development through requirement specification and technical implementation.
- It can often facilitate Product Innovation through ideation process and concept validation.
- ...
- It can range from being a Small Scale Development to being a Large Scale Development, depending on its project scope.
- It can range from being a Waterfall Development to being an Agile Development, depending on its methodology choice.
- It can range from being a Simple Product Development to being a Complex Product Development, depending on its technical complexity.
- It can range from being a Consumer Product Development to being an Enterprise Product Development, depending on its target market.
- It can range from being a Short Term Development to being a Long Term Development, depending on its timeline requirements.
- It can range from being a Product Creation Development to being a Product Enhancement Development, depending on its development intent.
- It can range from being a Product Enhancement Development to being a Product Maintenance Development, depending on its change scope.
- ...
- Examples:
- Software Product Developments, such as:
- Hardware Product Developments, such as:
- Service Product Developments, such as:
- ...
- Counter-Examples:
- Project Management, which focuses on timeline and resource management rather than product creation.
- Research Development, which emphasizes knowledge discovery over market solutions.
- Process Development, which focuses on internal process improvement rather than product delivery.
- Technology Development, which prioritizes technical advancement without market considerations.
- Service Operations, which maintains existing services rather than developing new products.
- Custom Development, which builds one-off solutions rather than scalable products.
- Research Projects, which explore theoretical possibilitys rather than practical implementations.
- See: Product Management, Development Process, Product Strategy, Innovation Management, Product Lifecycle.