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Rapid Product Development Metrics

Bradford L. Goldense (President, Goldense Group, Inc. He can be contacted at Goldense Group, Inc., 6 Bigelow St, Cambridge, MA 03139, USA. Tel: (617) 876 6776.)

World Class Design to Manufacture

ISSN: 1352-3074

Article publication date: 1 February 1994

3879

Abstract

A famous executive once said that “God is entitled to opinion, all others must bring facts and data”. To get agreement on the specific needs of a company, the best approach is to back up recommendations with facts. Are the new products which arrive in your manufacturing operation up to standard? Would a series of analytical tools and approaches which are being used in industry to improve and speed up new product development processes be useful? The “staffing ratios” tool is applied to make sure that the right amount of human resources and skills are in the right places at the right times. Does your company hit the planned market release dates for new products? Tools such as “time‐to‐market prediction” may be applied to assess past project performance and to predict the schedule outcome of current project‐in‐process. Does your company achieve early cross‐functional involvement on projects? The “concurrency matrix” tool may be used to define cross‐functional requirements and quantify the degree of parallelism. Most of these tools can be learned within a few minutes and brought back to your company for immediate application.

Keywords

Citation

Goldense, B.L. (1994), "Rapid Product Development Metrics", World Class Design to Manufacture, Vol. 1 No. 1, pp. 21-28. https://doi.org/10.1108/09642369210049924

Publisher

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MCB UP Ltd

Copyright © 1994, Company

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