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Learner Reviews & Feedback for New Product Development - develop your own new product by Technion - Israel Institute of Technology

4.4
stars
100 ratings
27 reviews

About the Course

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....

Top reviews

DA
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.

VG
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.

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26 - 27 of 27 Reviews for New Product Development - develop your own new product

By Vigneshwaran A

Mar 15, 2020

Overall course content is great.

PTB simulator is Very useful.

VOC to Feature/function determination can be elaborated in detail.

By VENKATA N S M P

Oct 3, 2020

very usefull