New Product Development Process
Step 1 – Concept
Scope of Work
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- What is being developed?
- What are the specifications?
- What are the recognizable milestones?
- Form, Fit, Function?
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Preliminary Budget
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- What range of costs does the project have?
- Is value or cost the driving factor?
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Develop concepts
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- Sketches and ideas
- Refine look and function
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