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Is There a Better Way to Manage Product Development Projects?

Dassault Systèmes

A recent study by indicated there is a significant gap between how Industrial Equipment Manufacturing companies value specific aspects of their project execution and how they judge their performance. In order to address the challenging aspects of product development projects, it was determined  that projects with a web-based Product Lifecycle Management (PLM) solution will perform higher.

Learn how PLM solutions with embedded project management can uniquely provide the following operational best practices:

  • Full alignment between projects and the product portfolio in order to leverage common technology platforms and launch products to market faster
  • Coordination of a project’s schedule and resources, with its scope as defined by requirements and development constraints, in order to meet market expectations
  • Automatic project task updates  as development work is completed to provide a real-time understanding of project status and progress
  • Mitigating project risks based upon real-time status of product development— designs, change orders, defects, etc.—in order to stay on schedule and within budget

Tags : product development, engineering, companies, plm, product lifecycle management, market, designs, budget
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Published:  Aug 08, 2017
Length:  8
Type:  White Paper