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Measuring Value in Product Development

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Measuring Value in Product Development.pdf

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Author(s)
Chase, Jim
Date Issued
March 2000
Publisher
Massachusetts Institute of Technology
Abstract
“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 as time and money.
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