Product development process design : improving development response to market, technical, and regulatory risks
Thesis (Ph. D.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology, Management, and Policy Program, 2003.
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2005
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| Online Access: | http://hdl.handle.net/1721.1/29215 |
| _version_ | 1826191322243923968 |
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| author | Unger, Darian W. (Darian William), 1973- |
| author2 | Steven Eppinger. |
| author_facet | Steven Eppinger. Unger, Darian W. (Darian William), 1973- |
| author_sort | Unger, Darian W. (Darian William), 1973- |
| collection | MIT |
| description | Thesis (Ph. D.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology, Management, and Policy Program, 2003. |
| first_indexed | 2024-09-23T08:54:06Z |
| format | Thesis |
| id | mit-1721.1/29215 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T08:54:06Z |
| publishDate | 2005 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/292152019-04-10T19:37:13Z Product development process design : improving development response to market, technical, and regulatory risks Unger, Darian W. (Darian William), 1973- Steven Eppinger. Massachusetts Institute of Technology. Technology, Management, and Policy Program. Massachusetts Institute of Technology. Technology, Management, and Policy Program. Technology, Management, and Policy Program. Thesis (Ph. D.)--Massachusetts Institute of Technology, Engineering Systems Division, Technology, Management, and Policy Program, 2003. Includes bibliographical references (leaves 181-191). Engineering companies frequently face product development challenges. Competitive pressures, industrial or societal innovations, and government regulations are some of the many factors that drive the need for new or better products. Companies respond to these drivers and changing needs by developing new products and employing product development processes (PDPs) to coherently manage the risks inherent in their development. Well-designed PDPs reduce development time, create better products, generate profit, and increase market share. In contrast, poorly-designed PDPs can severely harm both product lines and the companies that manufacture them. Many companies seek guidance in making important PDP design decisions. This thesis introduces PDPs as risk management frameworks. The research investigates the relationship between PDPs and risk management and seeks to help companies improve PDP design. It begins by discussing the drivers and risks of product development and then describes different PDPs. The traditional stage gate process is compared with the modified waterfall process, evolutionary prototyping, evolutionary delivery, design to schedule/budget process, the spiral process, and several other PDP variations. The research then proposes several iteration- and review-based metrics by which PDPs can be more effectively identified and compared. Ten company case studies exemplify a wide variety of actual PDPs, demonstrate the utility of iteration and review metrics in distinguishing PDPs, and illustrate how different processes manage different risks. Case study findings indicate that software development companies face rapidly-changing markets, generally perform quick integrations and tests, and are likely to employ flexible PDPs. (cont.) In contrast, manufacturing companies that face greater integration difficulties and technical risks are likely to employ more rigid PDPs. Integration and risk are both instrumental in determining the applicability of different PDPs. The research employs case study lessons to propose a method for improved PDP design based on risk and integration. To demonstrate the method, it is applied to one company. The thesis concludes that PDPs vary more than previously documented; that the proposed metrics are useful in distinguishing PDPs, their different integrations, and their different risk management methods; and that companies facing different risks can more thoughtfully tailor their PDP designs to suit their own unique circumstances. by Darian W. Unger. Ph.D. 2005-10-07T20:49:09Z 2005-10-07T20:49:09Z 2003 2003 Thesis http://hdl.handle.net/1721.1/29215 53072602 eng M.I.T. theses are protected by copyright. They may be viewed from this source for any purpose, but reproduction or distribution in any format is prohibited without written permission. See provided URL for inquiries about permission. http://dspace.mit.edu/handle/1721.1/7582 205 leaves 20296846 bytes 20296607 bytes application/pdf application/pdf application/pdf Massachusetts Institute of Technology |
| spellingShingle | Technology, Management, and Policy Program. Unger, Darian W. (Darian William), 1973- Product development process design : improving development response to market, technical, and regulatory risks |
| title | Product development process design : improving development response to market, technical, and regulatory risks |
| title_full | Product development process design : improving development response to market, technical, and regulatory risks |
| title_fullStr | Product development process design : improving development response to market, technical, and regulatory risks |
| title_full_unstemmed | Product development process design : improving development response to market, technical, and regulatory risks |
| title_short | Product development process design : improving development response to market, technical, and regulatory risks |
| title_sort | product development process design improving development response to market technical and regulatory risks |
| topic | Technology, Management, and Policy Program. |
| url | http://hdl.handle.net/1721.1/29215 |
| work_keys_str_mv | AT ungerdarianwdarianwilliam1973 productdevelopmentprocessdesignimprovingdevelopmentresponsetomarkettechnicalandregulatoryrisks |