Is There a Better Way to Manage Product Development Projects?

By Neno
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The last three decades have seen an explosion in project management software tools and certifications for project management methodologies.  Terms like agile, resource management, critical path analysis, risk mitigation, etc. are now commonplace throughout the corporate world.  However, has all of this attention to the project management discipline resulted in product development executing as planned?  For too many companies, the answer is still a resounding “No.”

A recent study by Engineering.com (“Product Development and Project Management Tools,” December 17, 2015) indicates that there is a significant gap between how manufacturing companies value specific aspects of their project execution and how they judge their performance.  Specifically, the study looked at 4 main aspects of managing product development projects:

  • Executing the simultaneous launch of multiple variants of a product
  • Understanding how requirement changes affect a project’s schedule and resources
  • Obtaining accurate and consistent project task updates with proof of completion
  • Identifying product development issues that are causing project delays

Across all industries, survey respondents judged their abilities in each of these project management activities to be significantly less than their importance for executing a project successfully.  However, it was found that if a respondent combined their project management methodologies with a web-based Product Lifecycle Management (PLM) solution, they judged their performance to be significantly higher.  In order to address these 4 challenging aspects of product development projects, it was concluded that a PLM solution with embedded project management can uniquely provide the following operational best practices:

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

Each of these project management best practices are explored in more detail in a white paper available through Dassault Systèmes.  Adopting a PLM system with a deliverables-based project management approach may find some organizational resistance due to a bias towards standalone project management tools.  There will be pressure to pursue solutions with a lengthy list of advanced project management capabilities.  While there is a baseline that a solution must provide, there are diminishing returns from the most advanced capabilities.  Do not place excessive priority on these seldom used capabilities at the expense of fully realizing the best practices discussed in this white paper.  Instead, stay focused on the unique value provided by a PLM system with embedded project management.

Download the Whitepaper now!

‘My Design’ webinar: how a typical furniture company turns ideas into reality?

By Lauriane
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Do you want to develop innovative and successful products?

Do you need to improve efficiencies and make the right decisions while reducing development time and costs? 

Dassault Systèmes has developed “My Design”, an integrated solution that expands your growth and helps increase your margin, making sure you develop a successful product that your consumers will love.

Click here to discover how a typical furniture company has rapidly developed a new office chair, with an integrated approach, from ideation to market launch. Imagine that all internal and external players can easily collaborate together.

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Marketing and Innovation

What if marketing and innovative departments could keep abreast of market needs by managing the free flow of ideas and providing multimedia dashboards?

With a few clicks, the Marketing Manager can easily consult design trends and blogs and monitor project status, all in real-time. Together with her colleagues, she can perform a detailed review of key trends, challenges and consumer expectations. With this visual information, managers can assign maturity levels bumping them up from proposal status, to concept through to validation.

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Creative Design

What if industrial designers and stylists used powerful and intuitive tools that allowed them to focus on innovation?

With CATIA, industrial designers can create freeform 3D sketches. It’s fast and easy to use allowing the user to explore more design scenarios in a short amount of time. He can transform ideas into a 3D reality while exploring detail design variations directly on 3D objects. Sketching combined with the intuitive act of painting demonstrates the power of realistic 3D modeling. Using subdivision-surface technology, the industrial designer can very quickly sculpt in 3D, while keeping surface curvature continuity under control.

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Decision Review

What if you could improve efficiencies and make the right decisions while reducing development time?

It’s time for important decisions to be made during a design-review session with the product manager, the CEO and the marketing manager. To ‘sell’ his ideas, the industrial designer is now using CATIA to present and promote projects with a high-end visualization and rendering solution.

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Concept Development

What if you could reduce development costs by enabling industrial designers and mechanical engineers to work in the same integrated environment?

Mechanical engineers can quickly design Sheet Metal parts by taking capitalized know-how and manufacturing constraints into account early in the design process. The engineer can intuitively manage the forming process directly in 3D and automatically generate flattened views from the 3D design part.

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Simulation and Validation

What if decision makers could harness accurate information to define the best consumer experience and make the right choices?

Integrating simulation in the design workflow improves quality and reduces the cost linked to physical testing. Now that the product is completely defined, all actors and decision makers can easily experience the final product in context and digital assets are ready to be re-used for marketing purposes.

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Conclusion

“My Design” is an integrated solution based on the 3DEXPERIENCE platform for Consumer Goods companies. It allows the free flow of ideas through social innovation and provides multimedia dashboards to keep abreast of market needs. With “My Design”, your company can develop innovative products faster and cheaper and deliver products consumers love.

Discover more

Watch ‘My Design’ Webinar: how to turn ideas into reality

Discover My Design Industry Solution Experience

Watch the video and Listen to Tomasz Bardzik, CTO of Nowy Styl Group

Find more about Dassault Systèmes’ in the Consumer Goods & Retail industry

Create New CPG Products Up To 50 Percent Faster!

By Gregory
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Recent research by Tech-Clarity titled Reducing Non-Value-Added Work in Engineering finds that one-third of development time is wasted.

Some key findings include:

  • Engineers spend only 48 percent of their time actually designing products.
  • 20 percent of engineering time is spent working with outdated information.
  • 70 percent say third parties wait several days or more to send updated information.

Perfect Päckage

Product innovation is critical in the fast moving consumer goods industry. Consumer Packaged Goods companies are really struggling to accelerate their product development and launch successful products faster. There are best practices and case studies that we can learn from, to make the R&D process more efficient and to focus on value-added tasks.

Watch the webinarAccelerate Innovation Efforts Up to 50 Percent by Reducing Non-Value-Added Engineering Work” where experts share:

  • The current state of engineering in CPG companies and how companies are managing the obstacles slowing down innovation.
  • How leading companies are leveraging technology to eliminate files and emails, and to cut their innovation cycle from 18 to 6 months.
  • Ways that companies can leverage PLM to cut innovation time in half, reduce rework and quality errors, and coordinate a complex ecosystem of functions, partners, and suppliers.

Click here to watch the webinar moderated by Consumer Goods Technology with presentations from:

Moderator:
Kara Romanow, Executive Editor, CGT

Panelists:
Michelle Boucher, Vice President of Engineering Software Research, Tech-Clarity
Raymond Wodar, Director, Business Experience Consultant, CPG-RETAIL, Dassault Systèmes