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Product Development Phases
6
Flashcards
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Ideation Phase
Activities and goals include brainstorming, conceptualizing potential products, and identifying market needs.
Feasibility Analysis/Research
Activities and goals include evaluating the technical and financial feasibility of the proposed product and conducting a thorough market analysis.
Design and Development
Activities and goals include creating detailed designs, developing prototypes, and iteratively testing and refining the product.
Testing Phase
Activities and goals include conducting various tests such as user, quality, and stress tests to ensure the product meets requirements and standards.
Production/Manufacturing
Activities and goals include setting up production lines, sourcing materials, and producing the product at scale with quality control.
Launch and Market Entry
Activities and goals include finalizing marketing strategies, launching the product to the market, and initiating sales and distribution channels.
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