Phase 0: Feasibility Analysis
The objective of this phase is to identify present technology to accomplish the intended high-level function. If technology can be bought instead of developed, the scope of subsequent development phases changes.
To put it simply, product development firms research and assess the probability that the current technology can be utilized to reach the planned functionality of the product. Using this method, the development efforts are decreased, which in financial terms represent a terrific decrease in development costs.
Furthermore, if the technology isn’t yet available, then the assessment can lead to longer development cycles as well as the focus moves into creating the new technology (if humanly possible) that may accomplish the functionality of the item.
This is a significant part of the in any product development process because it is safer and financially responsible to understand the constraints that a product can have before starting a complete development cycle. A feasibility study can cost between 7 -15 thousand dollars. It might be sound quite expensive for some, but when it is much better than investing $100k+ to end up with a product that no manufacturer can produce.
Phase 1: Specification or PRD (Product Requirements Document) development
If your merchandise is feasible, congratulations! You are a step closer to creating your product and you’ll be able to move into documenting what is going to enter the product itself, aka the guts (product objective, core components, planned end-user, aesthetics, User interphase, etc).
In this phase, product design and engineering focus on documenting the important functionality, limitations, and inputs into the design. This is a critical step to keep development concentrated, identify the high-risk areas, and make certain that scope creep is diminished later.
This document will allow you to communicate the key features of your product and the way they’re supposed to work to all members of your group. This will ensure that you keep everyone involved on the same page.
Without one, you are more likely to stay off track and miss deadlines. Think about the PRD as your project management breakdown structure (BDS)
Stage 2: Concept Development
First shape development work identifies options for form, as well as possible strategies for complex mechanical technology challenges. First flowchart of software/firmware also happens here, as well as concept design level user interface work. Aesthetic prototypes might be contained in this Phase, if appropriate. Prototype in this phase won’t typically be functional.
Phase 3: Initial Design and Engineering
Based on decisions made at the conclusion a concept development stage, actual product design and technology programming can begin. In this stage, Level 1 prototypes are frequently used to examine approaches to technical challenges.
Phase 4: Design Iteration
This area of the project is where we focus on rapid cycles, quickly developing designs and prototypes, as the depth of engineering work increases. Some products need as many as twenty prototype cycles within this phase. Others may only require two or three.
Phase 5: Design Finalization / Optimization
To correctly optimize for production, product design and engineering teams take into account the target production amounts, as well as the requirements of the manufacturer. Regulatory work may start in this stage.
Phase 6: Manufacturing Start and Support
Before production starts, tooling is created, and first units are inspected. Final changes are negotiated with the manufacturer. Regulatory work also should wrap up in this phase.