David V. Tennant - Product Development

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PRODUCT DEVELOPMENT
An insightful development roadmap to help engineers and businesspeople successfully bring a product to market Product Development: An Engineer’s Guide to Business Considerations, Real-World Product Testing, and Launch,
Product Development
Product Development

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3 Chapter 3Figure 3.1 Control Chart. Figure by David TennantFigure 3.2 Engineering Design Process. Figure by David TennantFigure 3.3 Engineering Model – Wind Turbine...Figure 3.4 Engineering Model – Bicycle Frame...Figure 3.5 Typical TV Remote. Erik-Mclean / UnsplashFigure 3.6 Speedometer Display. Figure by David TennantFigure 3.7 Ladder Warning Labels. Photo by David Tennant51Figure 3.8 Product Misuse Review.

4 Chapter 4Figure 4.1 Core Team – Product Development...Figure 4.2 Procurement Process. Figure by...Figure 4.3 Functional Corporate Organization. Figure by David TennantFigure 4.4 Matrixed Product Team. Figure by...Figure 4.5 Product Cash Flow.Figure 4.6 NPV Graph. Figure by David...Figure 4.7 Scope Change Request – Sample...

5 Chapter 5Figure 5.1 Concept to Action. Figure by David TennantFigure 5.2 Air Emissions Monitor WBS. Figure by David TennantFigure 5.3 Air Emissions Monitor Cost Summary. Figure by David TennantFigure 5.4 Traditional Product Development Project. Figure by David TennantFigure 5.5 Agile Hybrid Product Development Project. Figure by David TennantFigure 5.6 Developing the Vision Statement. Figure developed by David TennantFigure 5.7 Development of New Services Flowchart.117

6 Chapter 6Figure 6.1 Angel Investments 2019...Figure 6.2 Product Roadmap. Figure by David Tennant137Figure 6.3 US Patent Process. Figure by David Tennant

7 Chapter 7Figure 7.1 Manufacturing Flow. Figure developed by David Tennant153Figure 7.2 3D Printing. NEW DATA SERVICES / Unsplash157Figure 7.3 Manufacturing Robotics. Lenny Kuhne / Unsplash158

8 Chapter 8Figure 8.1 Sample Project Life Cycle. Figure developed by David TennantFigure 8.2 R&D Lab. ThisisengineeringRAE / UnsplashFigure 8.3 Risk Reviews are a Team Activity...Figure 8.4 Costs Vs. Time. Figure developed by David TennantFigure 8.5 Boiler Temperature Distribution...Figure 8.6 Change Request Review Process. Figure developed...Figure 8.7 Technology Advances in History. Diagram...Figure 8.8 Gate Reviews. Figure developed by David Tennant

9 Chapter 9Figure 9.1 Demand Vs. Price...Figure 9.2 Marketing Campaign.

10 Chapter 10Figure 10.1 Product Flow Summary...

List of Tables

1 Chapter 2 Table 2.1 Largesr US Companies 1980 vs. 2020 Revenue. Table 2.2 Price and Margin Sensitivity for Solar Power Device. Table 2.3 Typical Costs Expended in Product Development. Table 2.4 Business Case Contents. Table 2.5 Marketing vs. Engineering Focus in New Product Development. Table 2.6 Truck Category Average Annual Miles. Table 2.7 Potential New EV Opportunities. Table 2.8 Utility Model EV costs.

2 Chapter 3 Table 3.1 Description of Engineering Disciplines.

3 Chapter 4Table 4.1 Product Development Participants.Table 4.2 Roles and Responsibilities: Sample Assignments.Table 4.3 Action Item Log Sample.Table 4.4 Approaches to Work.Table 4.5 Sample Budget.Table 4.6 Sample Proforma Developed by David Tennant.Table 4.7 Simple Cash Flow.Table 4.8 NPV Calculation.Table 4.9 New Product Selection.Table 4.10 Stakeholders in Project X.

4 Chapter 5Table 5.1 Reasons Projects Fail.Table 5.2 Roles of the Project Manger Vs. Project Engineer.Table 5.3 Roles Differences of Traditional Vs. Agile PM..

5 Chapter 8Table 8.1 Sample of Large Publicly Held Companies.Table 8.2 Sample of Large Privately Held Companies.Table 8.3 Project Planning Activities.Table 8.4 Qualitative Risk Review of New Data Acquisition System.Table 8.5 Quantitative Risk Review.Table 8.6 Design Review Criteria – SampleTable 8.7 Sample Functional Specification No. 1.Table 8.8 Sample Functional Specification No. 2.Table 8.9 SWOT for Product Zed.

Guide

1 Cover

2 Title page Product Development An Engineer’s Guide to Business Considerations, Real-World Product Testing, and Launch David V. Tennant Windward Consulting Group, Virginia, USA

3 Copyright

4 Table of Contents

5 Acknowledgments

6 About the Author

7 Begin Reading

8 Index

9 End User License Agreement

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Acknowledgments

No one person can succeed on their own. There are always people that help along the way. Consequently, I have had the pleasure of meeting and speaking with a number of exceptional and knowledgeable people during the creation of this book.

First of all, kudos and thanks to Gary Elliott, President, International Applied Engineering. Over the years, Gary has provided significant insight into alternative energy systems, along with engineering and business perspectives in what was, a few years ago, a niche energy market. Gary continues to provide his expertise in clean energy power generation.

Thanks also to Tim Jarrell, Vice President of Power Supply, Rates and Distributed Generation at Cobb Electric Membership Corporation, for his thoughts on electric service and the future of electric trucks and cars relative to costs and meeting electric demand.

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