How many phases are there in a development process ? This is somewhat dependent upon the product and organisation but it is probably true to say that key milestones around the concept, feasibility, launch and support would be typical. PLM Projects looks at all of these areas from a service and support standpoint but also looks at the after sales stages that cover service readiness and delivery milestones, support periods and product market exit roadmap. Back to Top
Why don't you refer to the " Cradle to Grave" lifecycle ? As any parent knows the "cradle" is an event that is actually a long way along the lifecycle chain - "Innovation" better decribes the creation phase of the process. Similarly "grave" is only one way of "disposal" which is a more generic phrase that can encompass recycle, reuse, destroy. Back to Top
What are the risks of failure for innovative ideas? Innovation brings rewards but also brings risks. Only 1 in 100 inventions cover their costs. Only 1 in 300 inventions make a significant difference. Only 1 in 1400 inventions is a world beater. Back to Top
Are there different product lifecycle models ? Yes, but they all seek to place a structure around the lifecycle process. Back to Top
