The engineering design process involves several iterative steps: 1) Recognizing customer needs and wants and defining design requirements and goals. 2) Developing preliminary design concepts and analyzing them to ensure they meet requirements. 3) Applying decision processes to select the best design concept that meets requirements and is superior regarding goals. 4) Product development involves tooling, fabrication, testing, and may require redesign. 5) The design process is usually a team effort involving different engineering and business functions.