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How Do Product Development Projects Really Work?

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A Real-Story using an funny but expressive plane metaphor.

These slides will remind you many projects and support you in avoiding common pitfalls in product development projects.

You think that detailed task management will save you, this is not what this story tells.
You'd better look at Scope management, Stakeholder Management, Communications Management and Procurement Management.

Published in: Business
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How Do Product Development Projects Really Work?

  1. 1. nodewave.com PRODUCT DEVELOPMENT PROJECT HOW DO PRODUCT DEVELOPMENT PROJECTS REALLY WORK?
  2. 2. THE PLANE METAPHOR A plane should allow many people to go to a flexible destination, at fast speed, in a cost efficient manner. A revolution in transportation: flying instead of driving Next Generation 2 nodewave.com
  3. 3. THE PRODUCT 3 nodewave.com
  4. 4. NEW PRODUCT VISION CURRENT OFFERING VISION Best for short distance Best for long distance Next Generation 4 nodewave.com
  5. 5. SCOPE & EXPRESSION OF NEEDS 5 nodewave.com MUST BE EXTREMELY FAST AND LONG-RANGE MUST TRANSPORT EVERYTHING AND EVERYONE REQUIREMENTS SPECIFICATIONS
  6. 6. RESOURCES PROJECT BUDGET 6 nodewave.com
  7. 7. RESOURCES 7 nodewave.com AVAILABLE TEAM
  8. 8. TECHNOLOGY 8 nodewave.com
  9. 9. CONCEPTION ARCHITECTURE TARGETED INITIAL IMPLEMENTATION Best-effort to answer all needs Best effort to stay in budget & vision 9 nodewave.com
  10. 10. SUPPLIER TECHNOLOGY SUPPLIER R&D OBJECTIVE SUPPLIER DELIVERY 10 nodewave.com
  11. 11. USE OF SUPPLIED TECHNOLOGY INGENIOUS FINE-TUNING WORKAROUNDS Pushing the limits Increasing architecture complexity 11 nodewave.com
  12. 12. FIRST CLIENT 12 nodewave.com
  13. 13. SALE PROCESS 13 nodewave.com AS IT WAS SOLD
  14. 14. STATUS AT THE LAUNCH OF SALE PROCESS IMPLEMENTATION STATUS TEST STATUS 14 nodewave.com
  15. 15. FIRST CLIENT DELIVERY INITIAL DELIVERY INITIAL UPGRADE ATTEMPT 15 nodewave.com
  16. 16. FINALLY, A PARTIAL SUCCESS (AFTER 2ND UPGRADE) AVOIDED WORST CASE IT FLEW (SOMEHOW) And did not look as expected… 16 nodewave.com
  17. 17. INTERNAL PRODUCT PERCEPTION AFTER FIRST CLIENT IT DOES NOT MATCH ALL REQUIREMENTS & SPECIFICATIONS IT TARGETS THE MOON IT DOES TOO MUCH, IT’S TOO COMPLEX 17 nodewave.com
  18. 18. RECOVERING AFTER FIRST COMMERCIAL FLIGHT 18 nodewave.com
  19. 19. (RE-)CONVINCING PEOPLE NOW REQUIRES LOTS OF FEATURES HIGH QUALITY IMMEDIATE AVAILABILITY  Improve Eye-Candiness 19 nodewave.com
  20. 20. BUT WHERE ARE WE NOW, REALLY? (INITIAL BUDGET CONSUMED) Budget VisionUseless NEAR FUTURE FUTURE Workaround Market Spec.Requ. Out of scope PAST Can grow with market needInitial product visionLimiting impacts of workarounds 20 nodewave.com
  21. 21. STOP PRODUCT OR CONTINUE ? WILL IT EVER TRANSPORT THAT MANY PEOPLE, THAT FAST ? ALREADY AT IT’S MAXIMUM POTENTIAL ? BETTER IN MANY ASPECTS, BUT NOT ALL ! HAS A LOT OF POTENTIAL… Best for easy travels, start/stop, step-in/step-out Best for complex travels, over seas & mountains 21 nodewave.com CURRENT OFFERING ACHIEVED VISION
  22. 22. THE STORY ENDED LIKE THIS: 2 years of project status re-evaluations, trying to define if the product is a success or not  Team demotivation Added ½ year of eye-candiness development Project deployed into production  The product is a success, more than expected  The project is neither a success and neither a failure, because it delivered late due to many predictable external human factors… 22 nodewave.com
  23. 23. LESSONS LEARNED Project Success depend more on Scope and Stakeholder management than anything else Communication of the Vision is key to avoid diverging interpretations. Product Result depends more on Purchase management than anything else Purchase management also drastically influence the technical difficulty of the product development. 23 nodewave.com
  24. 24. WHAT TOOL DO YOU NEED? Task management alone will not make your project a success 24 nodewave.com
  25. 25. NODEWAVE A NEW CATEGORY OF PROJECT MANAGEMENT SOFTWARE PROJECT MANAGEMENT INFORMATION SYSTEM nodewave.com Do You Know About Nodewave ?
  26. 26. WE BELIEVE IN PROFESSIONAL PROJECT MANAGEMENT WHY 26 nodewave.com
  27. 27. WE SUPPORT PROJECT MANAGERS IN BECOMING PROJECT CHAMPIONS HOW 27 nodewave.com
  28. 28. WE’RE BUILDING A GREAT SOFTWARE FOR PROJECT MANAGEMENT PROFESSIONALS WHAT 28 NODEWAVE PROJECT MANAGEMENT INFORMATION SYSTEM nodewave.com
  29. 29. NODEWAVE A PROJECT SOFTWARE LIKE NO OTHER PROJECT MANAGEMENT INFORMATION SYSTEM Nodewave PMIS Overview nodewave.com
  30. 30. EASING INFORMATION MANAGEMENT Integrates All Areas Scope Time Costs Quality HRCom. Risks Procurement Stakeholders 30 NODEWAVE PROJECT MANAGEMENT INFORMATION SYSTEM Screenshot of the Navigation Pane nodewave.com
  31. 31. SAVE TIME Up-to 50% increase in Productivity of Project Managers Information is seamlessly organized and kept consistent and structured. IMPROVE SUCCESS RATES Up-to 30% increase in Project Success Rates Secure the use of best practices in all areas of project management. The methodology is integrated in the tool. INCREASE SATISFACTION Up-to 75% increase in Stakeholder's Satisfaction Prove the quality of project management, and its consistency for all your projects. GAINS INSTRUCTIVE, PRACTICAL, HELPFUL, RELIABLE 31 NODEWAVE PROJECT MANAGEMENT INFORMATION SYSTEM nodewave.com
  32. 32. 32 TRY-IT FOR FREE, NOW NODEWAVE PROJECT MANAGEMENT INFORMATION SYSTEM  nodewave.com NODEWAVE.COM
  33. 33. 33 NODEWAVE PROJECT MANAGEMENT INFORMATION SYSTEM 2 MINUTES VIDEO TOUR nodewave.com

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