It has been repeatedly shown that companies with a structured and managed product lifecycle process have a higher probability of successfully delivering high value products to customers, on time , to specification and to budget.
The Product Lifecycle Tracker Tool helps portfolio managers capture, plan and deliver products against distinct life stages and key milestones where product ideas, capabilities, business case, development, modelling, launch and service activity are clearly and graphically presented,
The status of single products are presented in a single easy to read format with product life stages being shown in a colourful graphical lifecycle status bar. The current stage of the project is easily highlighted and provides the portfolio manager with an "at-a-glance" assessment of the product timelines and tasks.
The requirements of each life stage are clearly explained and optional information of stage deliverables by functional group can be quickly displayed.
Understanding where products are in their own lifecycle is important but for the portfolio manager a concise view of the interaction and overall product timimgs and resourcing requirements is crucial.
The Product Lifecycle Tracker Tool presents this information clearly , graphically and delivers that all important big picture assessment.