Name: New Product Development - develop your own new product
Brand: Technion - Israel Institute of Technology
Availability: OnlineOnly
Rating: 4.4 (41 reviews)

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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

139 ratings

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

Sep 21, 2024

A little hard to understand but the content made it worth it.

Mar 15, 2020

excellent course after completion i hava got knowledge of how to make our ideas into a product and its considerations

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26 - 41 of 41 Reviews for New Product Development - develop your own new product

By Rajeshwari S

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Apr 16, 2020

Very informative .

By Deepan R

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Oct 5, 2023

good learnings

By RYNE P

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May 20, 2020

usefull course

By Shailendra H

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May 11, 2021

Very good

By Tarun R

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Apr 25, 2020

very good

By Suvi G

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Feb 6, 2025

great

By Федорищева А И

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Nov 19, 2019

Cool

By Rainer B

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Apr 13, 2022

The starting lessons are not very inspiring - a talking head type of presentation. The practical excercises are much better, they put some meat on the bones. It is a pity that there is a charge and a time limit to use the tool. I might be interested in extending my knowledge using it. Having said that, things at work have now developed to the point that I am re-vieweing the original lesson videos. They do have a lot of valuable information once you have a grasp of this topic and are also a good starting point to learn the termonology of this area.

Thank you.

By Marcello C

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Feb 5, 2020

Very interesting well structured course to learn the steps needed to develop a new product and allocate resources. Dedicated to established companies.