Product Development Process: Using Real Options for Assessments and to support the Decision-Making at Decision Gates

2007 ◽  
pp. 99-106
Author(s):  
Henrique Martins Rocha ◽  
Mauricio Cesar Delamaro
Keyword(s):  
Decision Making ◽  
Product Development ◽  
Real Options ◽  
Development Process ◽  
Product Development Process

scholarly journals CONCEPTUAL MODEL FOR (SEMI-) AUTOMATED DERIVATION OF EVALUATION CRITERIA IN REQUIREMENTS MODELLING

2020 ◽  
Vol 1 ◽  
pp. 937-946
Author(s):  
D. Horber ◽  
B. Schleich ◽  
S. Wartzack
Keyword(s):  
Decision Making ◽  
Natural Language Processing ◽  
Product Development ◽  
Language Processing ◽  
Development Process ◽  
Evaluation Criteria ◽  
Solution Space ◽  
Product Development Process ◽  
Novel Approach ◽  
Requirements Modelling

AbstractRequirements act as a limitation of the solution space, which represents the stakeholders’ needs and guides the whole product development process. Therefore, forgotten requirements can lead to wrong decisions when using them as a basis for decision-making. This contribution introduces a novel approach to link the requirement and evaluation criteria models to address this problem. For setting up those criteria consistently, the requirements are classified using natural language processing and derived by a ruleset based on a developed mapping between requirement classes and criteria types.

scholarly journals Reliability Implementation and Cost Trade-off of Product during the Development Process

2018 ◽  
Vol 221 ◽  
pp. 02003
Author(s):  
Wei Wang ◽  
Yuan Li ◽  
Qi Zhang ◽  
Weijia Feng ◽  
Huichao Liu ◽  
...  
Keyword(s):  
Decision Making ◽  
Product Development ◽  
Optimization Model ◽  
Development Process ◽  
Decision Makers ◽  
Product Development Process ◽  
Optimal Parameters ◽  
Trade Off ◽  
Work Input ◽  
Environmental Adaptability

Modern product needs to meet the reliability requirements during the development process. The reliability in this paper refers to an integral view of a product’s reliability, maintainability, supportability, testability, safety and environmental adaptability. However, during the product development process, the two problems are how to evaluate the implementation and how to determine the work input costs of reliability. This paper proposes a method to evaluate the degree of reliability implementation. And it researches the schemes and targets decision-making method based on trade-off analysis. Through establishing and solving trade-off optimization model, the results can help decision makers find the optimal parameters program and cost goals.

Concurrent Design and Manufacturing for Mechanical Systems

1999 ◽  
Author(s):  
Kuang-Hua Chang ◽  
Javier Silva ◽  
Ira Bryant
Keyword(s):  
Decision Making ◽  
Product Development ◽  
Product Design ◽  
Development Process ◽  
Product Performance ◽  
Product Development Process ◽  
Concurrent Design ◽  
Manufacturing Cost ◽  
Design Decision ◽  
Design And Manufacturing

Abstract Conventional product development process employs a design-build-break philosophy. The sequentially executed product development process often results in a prolonged lead-time and an elevated product cost. The proposed concurrent design and manufacturing (CDM) process employs physics-based computational methods together with computer graphics technique for product design. This proposed approach employs Virtual Prototyping (VP) technology to support a cross-functional team analyzing product performance, reliability, and manufacturing cost early in the product development stage; and conducting quantitative trade-off for design decision making. Physical prototypes of the product design are then produced using Rapid Prototyping (RP) technique primarily for design verification purposes. The proposed CDM approach holds potential for shortening the overall product development cycle, improving product quality, and reducing product cost. A software tool environment that supports CDM for mechanical systems is being built at the Concurrent Design and Manufacturing Research Laboratory (http://cdm.ou.edu) at the University of Oklahoma. A snap shot of the environment is illustrated using a two-stroke engine example. This paper presents three unique concepts and methods for product development: (i) bringing product performance, quality, and manufacturing cost together in early design stage for design considerations, (ii) supporting design decision-making through a quantitative approach, and (iii) incorporating rapid prototyping for design verification through physical prototypes.

Professional Issues: Leadership in the Product Development Process: Attitude Counts!

2010 ◽  
Vol 18 (3) ◽  
pp. 7-29 ◽  
Author(s):  
Hugh E. McLoone
Keyword(s):  
Decision Making ◽  
Product Development ◽  
Development Process ◽  
Lessons Learned ◽  
Product Development Process ◽  
Design Teams ◽  
Professional Issues ◽  
User Experiences

Editor's Note: Our attitudes make a difference as we participate in the product development process and meet challenges that arise for us individually or for the team. The author offers 10 lessons learned about attitudes and how they have helped or hindered efforts to create superior user experiences and industry-leading products. Previous articles by Hugh McLoone in this Ergonomics in Design column have covered other aspects of leadership, including schedule constraints, decision making, communication, and teamwork. Questioning the design of an existing product – or even the research on which it is based – can help design teams find new ways to succeed.

scholarly journals Effective Data Sharing as a Conduit for Advancing Medical Product Development

2021 ◽  
Author(s):  
Stephen R. Karpen ◽  
J. Kael White ◽  
Ariana P. Mullin ◽  
Inish O’Doherty ◽  
Lynn D. Hudson ◽  
...  
Keyword(s):  
Clinical Trial ◽  
Decision Making ◽  
Product Development ◽  
Data Sharing ◽  
New Product Development ◽  
Development Process ◽  
Clinical Decision Making ◽  
Medical Product ◽  
Product Development Process ◽  
Clinical Trial Simulation

Abstract Introduction Patient-level data sharing has the potential to significantly impact the lives of patients by optimizing and improving the medical product development process. In the product development setting, successful data sharing is defined as data sharing that is actionable and facilitates decision making during the development and review of medical products. This often occurs through the creation of new product development tools or methodologies, such as novel clinical trial design and enrichment strategies, predictive pre-clinical and clinical models, clinical trial simulation tools, biomarkers, and clinical outcomes assessments, and more. Methods To be successful, extensive partnerships must be established between all relevant stakeholders, including industry, academia, research institutes and societies, patient-advocacy groups, and governmental agencies, and a neutral third-party convening organization that can provide a pre-competitive space for data sharing to occur. Conclusions Data sharing focused on identified regulatory deliverables that improve the medical product development process encounters significant challenges that are not seen with data sharing aimed at advancing clinical decision making and requires the commitment of all stakeholders. Regulatory data sharing challenges and solutions, as well as multiple examples of previous successful data sharing initiatives are presented and discussed in the context of medical product development.

Experience Design Applied to Research

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Andrea CAPRA ◽  
Ana BERGER ◽  
Daniela SZABLUK ◽  
Manuela OLIVEIRA
Keyword(s):  
Information Technology ◽  
Product Development ◽  
Design Process ◽  
Development Process ◽  
Product Development Process ◽  
Experience Design ◽  
Low Resolution ◽  
Design Concepts ◽  
Innovative Products ◽  
Technological Products

An accurate understanding of users' needs is essential for the development of innovative products. This article presents an exploratory method of user centered research in the context of the design process of technological products, conceived from the demands of a large information technology company. The method is oriented - but not restricted - to the initial stages of the product development process, and uses low-resolution prototypes and simulations of interactions, allowing users to imagine themselves in a future context through fictitious environments and scenarios in the ambit of ideation. The method is effective in identifying the requirements of the experience related to the product’s usage and allows rapid iteration on existing assumptions and greater exploration of design concepts that emerge throughout the investigation.

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