Search Assignment Sample for Ireland Students
881 Views

BUU44580 Managing New Product Development Assignment Example TCD Ireland

Product design and development is a critical process for companies looking to introduce new products to the market. The goal of this process is to create a product that meets the needs of the customer while being profitable for the company. There are several factors to consider during new product development, including designing a product that can be manufactured efficiently and marketing it to potential customers. Successful management of new product development is essential for companies looking to stay ahead of their competition.

In this post, we will explore some key aspects of managing new product development. We will discuss how to assess customer needs, design a product that meets those needs, and ensure efficient manufacturing. Additionally, we will provide tips for marketing your new product effectively.

Assessment Answers of BUU44580 Managing New Product Development

In this unit, there are many types of assignments given to students like individual assignments, group-based assignments, reports, case studies, final year projects, skills demonstrations, learner records, and other solutions given by us. We can help you with the Team Project Report and End of semester written examination also.

In this section, we are describing some activities. These are:

Assignment Activity 1: To identify and to understand the contributors to shorter development lead times and increased flows of marketable and manufacturable new products with integrity.

Shorter development lead times and increased flows of marketable and manufacturable new products with integrity are typically the results of a well-run organization.

There are several key contributors to shorter development lead times and increased flows of marketable and manufacturable new products with integrity. They are:

  1. Engaged and committed employees who work as a team: Employees who are engaged and committed to their work typically have fewer problems getting their projects completed on time.
  2. Process-oriented engineering: Well-run organizations emphasize process-oriented engineering, which means the processes are effective, efficient, and easy to follow.
  3. Effective design reviews: When design reviews have rigor, they help companies improve product quality at a faster rate by identifying problems sooner rather than later.
  4. A rigorous product quality program that includes design verification, validation, and manufacturing release testing: A rigorous product quality program helps reduce post-development warranty costs that can be significant.
  5. Comprehensive post-market surveillance: Finally, comprehensive post-market surveillance is important because brands that produce a superior product can earn greater market share over time, especially if the company continues to identify and eliminate potential design problems.

Hire an Irish Assignment Writer to Write your Essay, Thesis & Other Academic Papers

Assignment Activity 2: To identify and to understand the choices in leading, structuring, and running the development process, and integrating differing functional capabilities during the development process.

When it comes to leading, structuring, and running the development process, there are three choices. They are:

  • Centralized Development: The traditional approach is to assign one manager or director to oversee development across all product lines. The benefit of this approach is that it makes coordination easier because one person has complete control over the activities. However, it can be difficult for a single person to stay up-to-date on the activities of several product lines.
  • Divisionalized Development: A divisional-sized development process involves dividing the development team into smaller teams located within different divisions, such as a vehicle line or a computer line. This approach can help foster competition, which can help spur innovation and creativity as companies compete to create better products. This approach can also help reduce conflict because each team is focused on developing one product line. However, coordination across development teams can be difficult for the same reason it is difficult with a centralized organization.
  • Matrixed Development: The final option for managing new product development is to use a matrixed approach where individual contributors report to two managers. This approach is often used in organizations that develop a wide range of products for different market segments. The benefit of this approach is that it enhances collaboration across development teams by increasing the opportunities for people from different divisions to interact during the new product development process. However, the challenge with this approach is ensuring alignment between divisional managers and developers’ project managers.

Integrating differing functional capabilities during the development process can be challenging for two reasons. They are:

  1. Functional silos: Siloed development occurs when different functions operate independently from one another. The benefit of siloed development is that it allows individual functions to focus on their activities without being distracted by the work going on in other departments. However, this approach makes integration more difficult, which can delay the development process.
  2. Shared resources: Another challenge occurs when resources are shared between functions. For example, information technology (IT) resources often play a critical role in new product development, yet these resources are often shared across functions within an organization. The benefit of this approach is that it fosters knowledge sharing and innovation. However, sharing resources with other departments can create conflicts over who gets access to these shared assets.

Scared with Looming Deadline, Buy Plagiarism Free Paper Writing Services Now

Assignment Activity 3: To explore, develop and communicate specific and actionable recommendations for managers to improve a product development process.

To improve the product development process, there are some specific and actionable recommendations for managers, which includes:

  • A description of the proposed action: The first step for making changes in an organization is to articulate a vision and goals. Thereafter, this organization needs to communicate its goals and strategies to team members on an ongoing basis so that they can understand how their roles contribute to organizational success. With clear communication about the vision and goals, all team members can make informed decisions about how to improve the product development process.
  • The time scale for introduction: Introducing changes in an organization is often a gradual process that unfolds over time. An important consideration for managers is that changing processes takes time because new processes must be learned by employees before they can implement them successfully. Also, motivating employees to embrace new processes can be challenging because it often requires people to change their behavior.
  • Resources required: Introducing changes in an organization often requires new resources. For example, managers may wish to consider obtaining additional training for team members so that they better understand how the new process operates and why it is important. Another possibility is hiring additional team members to cover for employees that will be retrained.
  • Knock on effects anticipated in other areas: Introducing changes in an organization can have unexpected effects, which is why it is important to understand how these changes may affect people and processes in other parts of the organization. A concern for managers is that making changes to one part of the organization could hurt other parts of the organization, which can affect overall performance. For example, changing processes within the development could upset operations if these changes are not communicated to employees in this department.
  • Measures of performance of the change: The focus should be on ensuring that new changes do not interfere with existing work processes. It is also important to consider the benefits and unintended consequences of the change and whether these exceed the costs. These factors can be measured by assessing:
  • Expected outcomes: The expected outcome for introducing changes in an organization is to improve performance, which includes reducing costs and increasing revenue. However, there are other intangible benefits of making changes such as encouraging employee motivation and satisfaction.

Assignment Activity 4: To work effectively as an individual in a team focused on evaluating the practice and performance of a product development process.

To work effectively as an individual in a team focused on evaluating the practice and performance of a product development process, there are some specific and actionable recommendations for individuals. These include:

The first step for any team member is to understand the overall goal of the project. For example, they should be able to summarize what is expected from this assignment. To achieve this, the team member should meet with their supervisor to understand what is being asked of them. Thereafter, they need to align their work to this overall goal. This means that the team member needs to know how their specific assignments contribute to achieving the overall goal of the project.

Get 100% Unique Assignment Papers for Your College & Get Good Grades

Buy assessment answers of BUU44580 Managing New Product Development from Irelandassignmenthelp.com!

The assignment example discussed above is based on BUU44580 Managing New Product Development.

If you want assignment writing help in Ireland, just contact us and we will assign a professional to assist you. Our experts are highly qualified, experienced writers who can complete any type of assignment within the deadline. We also offer the best essay writing services so that you can get quality work. Just say “write my essay Ireland” and we will do it for you.

You can also hire an exam solver online in Ireland to help you pass any type of exam, and we will ensure that the content is relevant and original. Our professionals also offer the Team Project Report and End of semester written examination at affordable prices. Our experts are committed to helping our clients in all possible ways, so contact us today for assignment writing help in Ireland.

Ask Your Homework Today!

We have over 2500 academic writers ready and waiting to help you achieve academic success

Assignment Help Services

Contact Our Experienced Writing Team For Quality Writing Support

It's your first order ?

Use discount code IAH15 and get 15% off