Market Requirements Document - The purpose of this tool is to help you achieve product development approval by: defining the product & target market segment; determining market & opportunity size; documenting customer/prospect needs; analyzing competitive solutions; and building a business case for the development of your product.
Have you been operating your business for years with moderate success, but feel like the momentum behind your current product line is dwindling? Are members of your team eager to start working on the next product that you’ll bring to the public, but you’re not sure if your company is really ready? Heading in a new direction is just as difficult for existing companies as it is for first-time entrepreneurs, so it’s important to keep these guidelines in mind when planning a change.
Product Development Priority Index - use this tool to evaluate product development initiatives according to their feasibility, attractiveness, fit, & risk.
Product Development Process Diagram – Use this presentation to communicate the 5 key stages of product development, define checkpoints for go/no-go decisions, and document required deliverables.
Product Development Evaluation Matrix – Use this tool to evaluate new products that are currently in development.
Product Requirements Document - The purpose of this tool is to provide the product development team with the business requirements they need to build the right product for the market. This document includes: market requirements document, product development schedule, and product sanity-check (contract).
Product Development Charter - The purpose of this tool is to facilitate the development of a Product Development Charter. A Product Development Charter is a helpful tool for communicating proposed Product details and making resource allocation decisions.
Product Development Schedule - Use this tool to create a work breakdown structure for new product developments.
Product Profitability Analysis Tool - Use our Product Profitability Analysis tool to document and analyze: Product Name, Price, Unit Cost, Unit Sales, Revenues, Costs of Goods Sold, Gross Contribution, Marketing & Sales Costs, Product Profit/Loss, and Gross Margin. Then, view your Product Charts.
