Measuring Value in Product Development

“What is value in product development?” is the key question of this paper. The answer is critical to the creation of lean in product development. By knowing how much value is added by product development (PD) activities, decisions can be more rationally made about how to allocate resources, such...

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Bibliographic Details
Main Author: Smith, Jim
Format: Working Paper
Language:en_US
Published: Massachusetts Institute of Technology 2005
Online Access:http://hdl.handle.net/1721.1/7527