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  • Product Planning Cost Management: NPD Risk Management Knowledge Map

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    christinedindin
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    The document outlines several risks that can negatively impact new product development projects, including supplier instability, cost estimation errors, high research and development turnover, changes in materials costs and market conditions, budget overruns, poor cost control, unrealistic timelines, unclear requirements, and failure to follow project progress. Other risks involve incomplete sales channels, regulatory changes, resource scheduling and allocation issues, immature technologies, inability to share knowledge, poor user interface considerations, inability to meet specifications or product objectives, inconsistent testing parameters, untested production processes, delayed supplies, and lack of standardized procedures.

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    The document outlines several risks that can negatively impact new product development projects, including supplier instability, cost estimation errors, high research and development turnover, changes in materials costs and market conditions, budget overruns, poor cost control, unrealistic timelines, unclear requirements, and failure to follow project progress. Other risks involve incomplete sales channels, regulatory changes, resource scheduling and allocation issues, immature technologies, inability to share knowledge, poor user interface considerations, inability to meet specifications or product objectives, inconsistent testing parameters, untested production processes, delayed supplies, and lack of standardized procedures.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Flag for inappropriate content
    Download as docx, pdf, or txt
    10 views1 page

    Product Planning Cost Management: NPD Risk Management Knowledge Map

    Uploaded by

    christinedindin
    The document outlines several risks that can negatively impact new product development projects, including supplier instability, cost estimation errors, high research and development turnover, changes in materials costs and market conditions, budget overruns, poor cost control, unrealistic timelines, unclear requirements, and failure to follow project progress. Other risks involve incomplete sales channels, regulatory changes, resource scheduling and allocation issues, immature technologies, inability to share knowledge, poor user interface considerations, inability to meet specifications or product objectives, inconsistent testing parameters, untested production processes, delayed supplies, and lack of standardized procedures.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
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    Download as docx, pdf, or txt
    of 1

    Supplier instability Cost estimation errors High R&D turnover rate Changes in cost of materials Market analysis errors

    Large increases Budget Poorly implemented cost control measures Unsuitable timeline estimations Unclear demands Failure to adhere to progress control Unsuitable scheduling Resources not invested in time

    Cost Management

    Product Planning

    Incomplete sales channels Changes in regulations

    Timeline Management

    NPD risk management knowledge map

    Technology Development

    Immaturity of new technologies Inability to pass on R&D knowledge Failure to consider user interface

    Inability to attain product objectives Specification demands not attained Difficulties in parameter measurement Parameters inconsistent with demand

    Performance

    Production and Manufacturing

    Untested production process Inconsistent testing standards Delays in supply of materials Failure to achieve objectives Lack of standardized operating procedures

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