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Engineering Management

12.29.22 Engineering Management, Innovation, New Product Development

Four Project Risk Factors During a Recession:  Part 4

While the declaration of a recession is dependent on an obscure department of the federal government, most people recognize the signs of an economic downturn.  Dictionary.com defines an economic recession… Read More

12.29.22 Engineering Management, Innovation, New Product Development

Four Project Risk Factors During a Recession:  Part 1

Risk is a part of every project, especially in developing new products and services.  In fact, the longer it takes to launch the new product, the more likely that customers… Read More

09.29.22 Engineering Management, Leadership, New Product Development, NPD Process, NPD Teams

Keeping the Team Small

In last week’s post, we discussed who is on a new product development (NPD) team.  For example, a working NPD team must include representatives of project management, marketing, engineering, and… Read More

09.01.22 Engineering Management, Market Research, New Product Development

Simplified Market Research Tools

New product development (NPD) is the art and science of converting nascent ideas into commercial products and services that deliver value to the consumer as well as the producer.  We… Read More

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