MIT Libraries logoDSpace@MIT

MIT
View Item 
  • DSpace@MIT Home
  • MIT Open Access Articles
  • MIT Open Access Articles
  • View Item
  • DSpace@MIT Home
  • MIT Open Access Articles
  • MIT Open Access Articles
  • View Item
JavaScript is disabled for your browser. Some features of this site may not work without it.

Comparing Product Development Processes and Managing Risk

Author(s)
Unger, Darian W.; Eppinger, Steven D.
Thumbnail
DownloadEppinger-2009-Comparing product development.pdf (798.5Kb)
MIT_AMENDMENT

MIT Amendment

Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.

Terms of use
Article is made available in accordance with the publisher's policy and may be subject to US copyright law. Please refer to the publisher's site for terms of use.
Metadata
Show full item record
Abstract
Product Development Processes (PDPs) require careful design to reduce development time, create better products and manage the risks of bringing new products to market. This paper investigates the relationship between product development risk and PDP management. We begin by identifying risks and proposing several iteration- and review-based metrics by which PDPs can be effectively identified and compared. Data from ten company case studies demonstrate the utility of the proposed metrics and exemplify how different PDPs manage different risks. The cases also show that software companies face different risks and employ more flexible PDPs than manufacturing companies. We conclude that PDPs vary more than previously documented, that the proposed metrics are useful in distinguishing PDPs and that companies can tailor their PDP designs to suit their unique risk profiles.
Date issued
2009-10
URI
http://hdl.handle.net/1721.1/67011
Department
Massachusetts Institute of Technology. Engineering Systems Division; Sloan School of Management
Journal
International Journal of Product Development
Publisher
Inderscience Enterprises
Citation
Unger, Darian W., and Steven D. Eppinger. “Comparing product development processes and managing risk.” International Journal of Product Development 8 (2009): 382. © 2009 Inderscience Enterprises Limited.
Version: Final published version
ISSN
1477-9056
1741-8178

Collections
  • MIT Open Access Articles

Browse

All of DSpaceCommunities & CollectionsBy Issue DateAuthorsTitlesSubjectsThis CollectionBy Issue DateAuthorsTitlesSubjects

My Account

Login

Statistics

OA StatisticsStatistics by CountryStatistics by Department
MIT Libraries
PrivacyPermissionsAccessibilityContact us
MIT
Content created by the MIT Libraries, CC BY-NC unless otherwise noted. Notify us about copyright concerns.