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    In This Paper, We Develop Methodologies To Structure Product Development Processes Under Consideration of Development Time and Costs

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    shrinivas g
    This document discusses methodologies for structuring product development processes to balance development time and costs. It notes that traditional tools like activity crashing, concurrent exploration of alternatives, and overlapping activities generally assume convex time-cost trade-off curves but can increase expenses through diminishing returns, additional communication needs, higher uncertainty and rework, and wasted effort on abandoned alternatives. The document aims to provide insights into efficiently structuring development processes while considering coupling constraints between activities that can lead to costly iterations.

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    In This Paper, We Develop Methodologies To Structure Product Development Processes Under Consideration of Development Time and Costs

    Uploaded by

    shrinivas g
    24 views2 pages
    This document discusses methodologies for structuring product development processes to balance development time and costs. It notes that traditional tools like activity crashing, concurrent exploration of alternatives, and overlapping activities generally assume convex time-cost trade-off curves but can increase expenses through diminishing returns, additional communication needs, higher uncertainty and rework, and wasted effort on abandoned alternatives. The document aims to provide insights into efficiently structuring development processes while considering coupling constraints between activities that can lead to costly iterations.

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    This document discusses methodologies for structuring product development processes to balance development time and costs. It notes that traditional tools like activity crashing, concurrent exploration of alternatives, and overlapping activities generally assume convex time-cost trade-off curves but can increase expenses through diminishing returns, additional communication needs, higher uncertainty and rework, and wasted effort on abandoned alternatives. The document aims to provide insights into efficiently structuring development processes while considering coupling constraints between activities that can lead to costly iterations.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    24 views2 pages

    In This Paper, We Develop Methodologies To Structure Product Development Processes Under Consideration of Development Time and Costs

    Uploaded by

    shrinivas g
    This document discusses methodologies for structuring product development processes to balance development time and costs. It notes that traditional tools like activity crashing, concurrent exploration of alternatives, and overlapping activities generally assume convex time-cost trade-off curves but can increase expenses through diminishing returns, additional communication needs, higher uncertainty and rework, and wasted effort on abandoned alternatives. The document aims to provide insights into efficiently structuring development processes while considering coupling constraints between activities that can lead to costly iterations.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as DOCX, PDF, TXT or read online from Scribd
    Download as docx, pdf, or txt
    of 2

    The ability to expeditiously develop and market new products is one of the crucial success factors in competitive environments.

    As a consequence, streamlining product development processes has become an important tool to gain and sustain competitive advantage. Managing development processes can be a formidable task, though. Large development processes can require the coordination of thousands of individual design activities with complex information dependencies and couplings between them.

    In this paper, we develop methodologies to structure product development processes under consideration of development time and costs.

    Traditional tools for shortening development lead times are; 1. Activity crashing 2. Concurrent exploration of alternatives 3. Overlapping of activities. In all three approaches time-cost trade-off curves are generally presumed to be convex and decreasing.

    Thus, for reasons outlined below, shorter development times can generally only be achieved by incurring additional expenses during the development process. For crashing, the additional costs are attributed to diminishing returns from additional personnel and the need for more communication between the involved parties

    In networks of activities, crashing along the critical path increases the net- work's density, causing a gradual increase in the number of activities to be crashed to further decrease the project duration

    Overlapping of activities typically introduces a higher level of uncertainty into the process that causes additional rework and thus higher costs.

    Finally, concurrent exploration of different alternatives leads to earlier determination of a feasible solution, while more effort is wasted on alternatives not to be pursued later

    Thus, it is far from obvious how to structure development processes, nor are existing structures necessarily efficient. In particular, coupling constraints between activities are one of the major causes for iterations. Iterations in turn, increase project costs and completion times and are a major source for lengthy and expensive development processes

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