New Product Development - develop your own new product
New product development is essential for the survival of many companies in the Hi-Tec sector, as well as other sectors.
The percentage of sales of successful business organizations tied to the successful Introduction of new products and services is high. However, the failure rate of new products development projects is also high and therefore there is a need for a methodology based on a well-designed process as well as tools and techniques to manage New Product Development (NPD) projects. Since most companies develop new products, it is important to you as a manager to be familiar and understand the basic concepts and terminology of NPD projects.
This course will give you holistic view of the new product development arena and will help you gain specific knowledge in how to select, plan, monitor and control a new product development project, using the proper tools and techniques.
Upon completion of this MOOC, you will:
1. have a clear view and understanding of the New Product Development (NPD) arena
2. be able to select the right product configuration based on value (Voice of the customer), cost, time to market and risks.
3. be able to develop a feasible plan for your own product.
4. be able to execute your plan in an uncertain dynamic environment using the right tools and techniques.
As part of the course the learners are required to purchase a discounted license for the Product Team Builder Simulator (http://www.sandboxmodel.com/), which is used for training and assignment submission. Please notice the simulator can only be used with Internet Explorer from a Windows computer.
Status: Resource Management
Resource Management
Status: Budget Management
Budget Management
Intermediate·Course·21 hours
Featured reviews
VG
5.0·Reviewed May 10, 2020
Program was very beneficial for me. Guides of this program and tutorials were very good. thanks to the guide and instructor of this program.
KV
5.0·Reviewed Mar 15, 2020
excellent course after completion i hava got knowledge of how to make our ideas into a product and its considerations
DA
5.0·Reviewed Jul 16, 2019
Good approach of the subject despite the fact it may seem not up to date. The simulation is catchy and some of the exercises proved to be quite challenging. I enjoyed learning.
VW
4.0·Reviewed Mar 14, 2020
Overall course content is great.PTB simulator is Very useful.VOC to Feature/function determination can be elaborated in detail.
MN
5.0·Reviewed Feb 20, 2023
Good Explanations and Introduction to New Software and Ideas
RM
4.0·Reviewed Sep 21, 2024
A little hard to understand but the content made it worth it.
MC
4.0·Reviewed Feb 4, 2020
Very interesting well structured course to learn the steps needed to develop a new product and allocate resources. Dedicated to established companies.
AJ
5.0·Reviewed Aug 6, 2020
It is good course to improve our knowledge and make product and start business
FL
5.0·Reviewed Jul 26, 2023
Muy buena lección para el desarrollo de nuevos productos.
MS
5.0·Reviewed Aug 31, 2020
It was a nice experience to learn through this course. Quite informative and very well structured.
DD
5.0·Reviewed Aug 25, 2020
Excellent course. The simulation is fantastic. Overall content and delivery is spot on.
EK
4.0·Reviewed Nov 26, 2019
Using Internet Explorer for Project Simulation is not effective. Besides,purchasing license just for 3 months is that much fare.
All reviews
Showing: 20 of 42
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Nikita Bugrov
1.0
·Reviewed Sep 10, 2018
I think that this course is a total waste of time and money.
1) Course is too theoreticalc (at least first 3 weeks that I have completed). It's becomes clear when tutor says that course is based on the book (sic!). Writing books and making courses are totally different stories.
2) Using of PTB Training Simulator is overkill. I'm simply couldn't login into PTB.
Maybe I'm not motivated enough, but after three weeks of boring content and problems with PTB I decided to stop spending my time on this cource.
G
Gaia S
1.0
·Reviewed Sep 9, 2020
i had great expectations on this course but turns out that it's necessary to buy a 40$ program to actually follow it and it wasn't stated anywhere.
D
Dr. Sharath Chandra N
3.0
·Reviewed Jun 30, 2020
The course content and delivery was excellent. However, we are supposed to purchase a login for a tool required to complete the course, I had to quit in the middle.
M
manish singh
5.0
·Reviewed Sep 1, 2020
It was a nice experience to learn through this course. Quite informative and very well structured.
L
Lori Turner
1.0
·Reviewed Mar 22, 2023
There is a simulator required for download and a license for the simulator required to purchase ($120 at thetime of this review) to be able to go through the course. I already pay for Coursera and don't choose to pay extra for this. The simulator also only works through IE on a Windows based computer which isn't compatible with my Chromebook or Apple computers. I wish I could've gone through this course.
M
Mahmoud Alaaeldin Abdelhamed Farag
1.0
·Reviewed Nov 7, 2019
I really disappointed, the material of the course is not good as I started to believe the instructor with the material wants to make it complicated rather than make it easy
1.0
·Reviewed Dec 8, 2020
You need to pay for a software to conclude it,
E
EG
5.0
·Reviewed Jun 15, 2019
I would like to convey my appriciation and enthusiasm for the excelent "new product development course" and thank the course team and it's lecturer professor Avi Shtub for their efforts in compiling this illuminating and academically as well as practically high level learning experiance.
with regards e.g.
D
Dan Apetrei
5.0
·Reviewed Jul 17, 2019
Good approach of the subject despite the fact it may seem not up to date. The simulation is catchy and some of the exercises proved to be quite challenging. I enjoyed learning.
H
Heejoon (David) Park
1.0
·Reviewed Feb 7, 2024
It's not transparent during signup that separate simulator needs to be purchased from a third party site to complete this course.
J
Julissa Elizabeth Leon Garcia
1.0
·Reviewed Aug 15, 2020
I don't have money to purchase a program to take the course
A
Avigdor Ne'eman
5.0
·Reviewed Jul 17, 2018
Excellent course ! Among it's benefits is the ability to use the Project management simulator, that allows you to practice in a safe environment optimization of the project management at each and every step. You can then port the data, among others to Microsoft Project manager.
The instructor of the course Prof. Avy Shtub worn the PMI teaching award for 2018
T
Tin Aung Khant
5.0
·Reviewed Oct 4, 2019
All the course are very effective and will have a chance to learn from the basic . I've gained so much experience and knowledge. The project plan videos are also a few example to study the course. I definitely recommended this course to all the users. Thank You.
V
Vishwa Gupta
5.0
·Reviewed May 11, 2020
Program was very beneficial for me. Guides of this program and tutorials were very good. thanks to the guide and instructor of this program.
K
K.Krishna vamsi
5.0
·Reviewed Mar 16, 2020
excellent course after completion i hava got knowledge of how to make our ideas into a product and its considerations
D
Dhaval Dave
5.0
·Reviewed Aug 26, 2020
Excellent course. The simulation is fantastic. Overall content and delivery is spot on.
A
abhilasha Jagdale
5.0
·Reviewed Aug 7, 2020
It is good course to improve our knowledge and make product and start business
M
Maureen Namanya
5.0
·Reviewed Feb 21, 2023
Good Explanations and Introduction to New Software and Ideas
F
Fernando Andrés Lem Laj
5.0
·Reviewed Jul 27, 2023
Muy buena lección para el desarrollo de nuevos productos.
