Successful new product development (NPD) involves the art of balancing schedules, resources, and costs to enable products that launch on-time, with desired performance and at the right cost. Inevitably, trade-offs and risks must be made along the way. Companies that manage these trade-offs and risks consistently outperform their competitors.
On May 17, we created a panel of industry experts to look at how to identify all the risks in development, and shares their knowledge of the latest emerging risks. The panelists offer a variety of perspectives – ranging from Mechanical and Electrical Design, Product Reliability and Parts Fabrication. Practical issues of how upstream design decisions impact downstream performance, quality and costs will be explored.
You can download a copy of the presentation at: Managing Design Risk
Or you can download a copy off the PRG website at: Managing Design Risk-PRG
In the presentation, you will learn about:
– Five tips for risk mitigation
– Managing constraints and trade-offs
– Concurrent engineering and communications
– Emerging risks
– Reliability considerations
If you have any tips or recommendations, please respond to this blog with your inputs. We’d love to hear from you.