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Unless a company has infinite resources, moving resources to the “back-end” undercuts the front-end. The resource shift then causes future problems in development, demanding more back-end work. This quagmire is a systems dilemma known as the tilting effect. And while a leading systems thinker…
The management of a full set of new-product development projects into which resources are invested. Key aspects of portfolio management include mix management to ensure alignment with a defined strategy, and pipeline management to allocate appropriate human, physical assets, and financial resources.
The complete planning of specific product line platform-levers at a strategic and a tactical level, that is, during project planning. Key to this planning is linking value-adding technology building blocks to the platform-lever, as well as to the critical drivers in the marketplace.
The oversight and ongoing synchronization of master roadmaps and subordinate roadmaps across product line and in concert with project management and portfolio management.
If you’re interested in NPD and R&D portfolio management, here is an important insight: Most Portfolio Management presentations discuss only development projects. They do not show, analyze, or rationalize front-end work. Anyone new to product development might assume Portfolio Management should only be about products under development. But if that’s all, then portfolio management misses its greatest opportunity for […]
Project prioritization is difficult. As a result, senior managers who govern portfolios often make things up as they go. Why not? Somebody must figure what’s more important and what’s not. It might as well be whoever is looking at the bubble charts. There are two big challenges with figuring out project prioritization. First, product lines […]
Stage Gate Portfolio Management? If you are interested in NPD and R&D portfolio management, here is an important insight: Most Portfolio Management discussions, presentations, and articles address only the management of those projects that are under development. To state this in terms of process management, the insight is that portfolio management focuses only on those […]
A focus on Product Line Velocity takes product development and management well beyond the limits of project management fixated on time to market. Learn why this dynamic measure is a crucial component of managing product lines as systems.
In the past, whole industries have been defined using Noun-Based segmentation. When you buy a market research study, it’ll break down an industry by Noun-Based segments. But driving greater value from innovation and product development demands we complement the noun approach with verbs.
