Use this to communicate the 5 key stages of product development, define checkpoints for go/no-go decisions, and document required deliverables.
Product Development Process Diagram
Resource Overview
Related Resources
Your Problem
You need to communicate the 5 key stages of product development, define checkpoints for go/no-go decisions, and document required deliverables. A formal product development process takes time and resources to develop, but with a 90% failure rate for new product launches, it is critical to standardize and perfect this core business process.
Our Solution
Use this Microsoft PowerPoint Product Development Process Diagram to communicate the 5 key stages of product development, define checkpoints for go/no-go decisions, and document required deliverables. The five key processes that this product development template outlines are:
- Validate & Define
- Evaluate & Position
- Analyze & Build Case
- Develop Product
- Launch & Review
Using this resource will help you better optimize and implement your company’s resources and will provide a simple way to supervise your goals and the process. The product development process template also provides checkpoints which allow you to review your deliverables.
Download our free Product Development Strategy Methodology to see how this tool functions as part of a full product development and launch process.
Key Benefits
- breaks product development process down into stages
- saves 4 hours on formatting
- provides a real-world example
- defines checkpoints for go/no-go decision-making
- visually appealing PowerPoint presentation