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NPD stands for new product development, which is the process of launching a new product to the market. Learn about the phases, stages, and challenges of NPD, as well as the difference between tangible and intangible products.
Product lifecycle management (PLM) is the process of managing the entire lifecycle of a product from its inception to its disposal. Learn about the history, forms, benefits, and overview of PLM, as well as the key events and stages of a product's development.
Learn about the Business Model Canvas, a strategic management template for developing and documenting business models. It consists of nine elements that describe a firm's or product's value proposition, infrastructure, customers, and finances.
Learn how lean startup aims to shorten product development cycles and rapidly discover if a proposed business model is viable by adopting a combination of experimentation, iteration, and customer feedback. Explore the precursors, principles, and practices of lean startup, such as minimum viable product, continuous deployment, and split testing.
Learn how to create, edit, and use templates on Wikipedia, which are pages that can be included in other pages with customizable input. Find out how to use parameters, template link, and advanced functions in templates.
Product design is the process of creating new products for sale businesses to its customers. It involves the generation and development of ideas through a systematic process that leads to the creation of innovative products. Learn about the product design process, the double diamond framework, creative visualization, and the types of product design.
A product requirements document (PRD) is a document containing all the requirements for a certain product. It is written to allow people to understand what a product should do, but not how it should do it.
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.