Cost management was Tyco Healthcare's primary challenge. Tyco Healthcare's Respiratory segment had no uniform method for determining project costs that would be used consistently across each division and project. Information was spread across multipl ...
The ability to bring new and innovative products to market rapidly is a critical competence for successful consumer-driven organizations.In a competitive global marketplace, product development organizations must slash lead times while maintaining quality standards.
According to the American Productivity and Quality Center only 1 in 10 new product concepts succeeds; 44 percent fail to meet profit objectives and 49 percent are launched late to market!
And according to an AMR Research finding a staggering 75% of new product launches fail!
Why? - The Core Issues
Product development organizations are trying to do more with less – resource constraints cause delays and impact quality
The impact of features, new releases and interdependencies are not fully considered
Needs and requirements are not properly communicated and socialized
Globalization has complicated the product development process
Core product development processes are inefficient and lack automation
Based on Microsoft’s world-class EPM 2007 technology, the Product Development Accelerator (PDA) is a customized solution designed specifically for product development organizations.
How Does it Work?
12 preconfigured dashboards, templates and reports accelerate implementation time, lower costs and enforce industry best practices
Developed with Fortune 500 Product DevelopmentOrganizations
“Out of the Box” support for Stage Gate and Product Lifecycle Management methodologies
Customized executive portals and team dashboards
Over 10 custom fields including cost and budget categories
PDA’s Tracker Features:
The PDA is a set of preconfigured dashboards that dynamically track your most critical data.In addition to customized, pre-built reports, the PDA includes numerous tracking features so you and your organization are up-to-date on every aspect of the product development process. The PDA consists of 4 unique components, which include:
PDA Milestone Tracker - tracks instant schedule status on critical milestones across projects and matrixed resources
PDA Resource Tracker - tracks shared resources across the portfolio PDA Cost Tracker - tracks multiple cost categories for accurate and complete cost accounting
PDA Bug & Issue Tracker - tracks bugs and issues to see real-time status and progress of each issue and the overall impact to the project schedules
To get more information about PSG’s Product Development Accelerator, contact us or call us toll-free at 866.691.1963
