NPD CT3
NPD CT3
2 MARKS
1. Who they are. If you sell directly to individuals, find out your
customers' gender, age, marital status and occupation. ...
2. What they do. ...
3. Why they buy. ...
4. When they buy. ...
5. How they buy. ...
6. How much money they have. ...
7. What makes them feel good about buying. ...
8. What they expect of you.
Clustering is the task of dividing the unlabeled data or data points into
different clusters such that similar data points fall in the same cluster
than those which differ from the others. In simple words, the aim of the
clustering process is to segregate groups with similar traits and assign
them into clusters.
A scheme by which the functional elements of the product are arranged (or
assigned) into physical building blocks (chunks) and by which the blocks
interact.
17.How to Involve the Customers in Product Development?
19. List out the Technical And Business Concerns for New Product
Ideation. ...
Market viability. ...
Product roadmap problems. ...
Workflow management. ...
Product engineering issues. ...
Pricing policy. ...
The pace of innovation. ...
Time-to-market.
7. Competitive Analysis:
- Analyze competitors' products to understand the current market
landscape and identify areas where your product can differentiate itself.
8. Technical Feasibility:
- Assess the technical feasibility of implementing the desired features
and requirements. Determine whether your team has the necessary
expertise and resources to meet the specifications.
9. Cost Constraints:
- Consider cost constraints and budget limitations. Define the
acceptable cost range for developing and manufacturing the product,
ensuring it aligns with expected pricing and profitability.
15. Communication:
- Effective communication is essential to ensure that all team
members are aligned with the product specifications. Regular meetings
and updates are crucial.
2.Explain the different ways of involving customers in development
2. Interviews:
- Conduct one-on-one interviews with customers to gain a deeper
understanding of their needs, preferences, and pain points. This
qualitative approach allows for in-depth exploration of customer
perspectives.
3. Focus Groups:
- Focus groups bring together a small group of customers to discuss
specific topics or product concepts. It's a great way to generate insights
and ideas, observe group dynamics, and uncover common themes.
4. User Testing:
- Invite customers to test prototypes or early versions of your product
to identify usability issues, uncover bugs, and understand how they
interact with the product in real-world scenarios.
6. Co-Creation Workshops:
- Organize workshops or ideation sessions with customers to
collaboratively develop new product ideas, features, or solutions. This
co-creation process fosters innovation and ensures that customer
perspectives are integrated into the development process.
10. Crowdsourcing:
- Use crowdsourcing platforms or challenges to invite customers to
submit ideas, designs, or solutions. This approach can help tap into a
diverse range of ideas and expertise.
1. Modular Architecture:
Example:
Consider a content management system (CMS) for a website. In a
modular architecture, you could have separate modules for user
authentication, content management, and search functionality. Each
module has its own codebase and can be developed and updated
independently. When you need to make changes to the user
authentication module, it won't affect the other parts of the system.
2. Integral Architecture:
Example:
A simple calculator application on a smartphone is an example of
integral architecture. All the functions, such as addition, subtraction,
multiplication, and division, are tightly integrated into a single application.
The user interacts with one unified interface that provides access to all
these functions. The calculator app's codebase likely handles all these
operations together.
Comparison:
1. Flexibility:
- Modular: Modular architecture is more flexible as it allows you to add,
remove, or replace individual modules without affecting the entire
system. It supports easier updates and maintenance.
- Integral: Integral architecture is less flexible because changes in one
part of the system can have ripple effects across the whole system,
making updates and maintenance more challenging.
2. Reusability:
- Modular: Modular architecture promotes reusability of components.
You can use the same modules in different systems or projects.
- Integral: Integral architecture may have limited reusability because
components are tightly integrated and designed for a specific purpose.
3. Complexity:
- Modular: Modular architecture can be more complex due to the need
to manage and coordinate interactions between modules.
- Integral: Integral architecture can be simpler in terms of structure but
may become monolithic and hard to manage as the system grows.
4. Scalability:
- Modular: Modular architectures can be more scalable as you can
scale specific components independently, making it easier to adapt to
changing requirements.
- Integral: Integral architectures may face challenges in scaling, as all
components are closely linked.
1. Define Requirements:
- Begin by gathering and documenting the product requirements.
These can include functional, performance, and quality requirements, as
well as any regulatory or safety standards that need to be met.
2. Conceptual Design:
- Create a high-level conceptual design of the product. This involves
defining the overall structure and key components of the product.
Consider various design options and alternatives.
3. System Decomposition:
- Break down the high-level design into subsystems or modules. Each
subsystem should have a well-defined purpose and interface with other
subsystems.
4. Identify Interfaces:
- Define the interfaces and interactions between subsystems or
modules. This includes specifying data, control, and communication
interfaces. Clearly document how these components will work together.
5. Component Selection:
- Select the components or technologies for each subsystem. Consider
factors such as cost, availability, performance, and compatibility. Make
decisions regarding make-or-buy options for components.
6. Design Verification:
- Conduct a design verification process to ensure that the selected
components and subsystems align with the product requirements. This
may involve simulations, modeling, or prototypes.
7. Architectural Trade-offs:
- Assess trade-offs and make decisions regarding performance, cost,
and other factors. For example, you may need to decide between using
off-the-shelf components or custom-designed ones.
8. Risk Assessment:
- Identify potential risks associated with the chosen architecture, such
as technical, schedule, or cost risks. Develop mitigation plans to address
these risks.
9. Documentation:
- Create detailed architectural documentation that describes the
product architecture, including diagrams, specifications, and design
rationale. This documentation will serve as a reference for the
development team.
14. Implementation:
- Start building the product based on the established architecture and
detailed designs. Ensure that the development team follows the
architectural guidelines.
6.Explain how you will Plan and establish product specifications in new
product development
2. Identify Stakeholders:
Identify all the relevant stakeholders, including product managers,
designers, engineers, marketing teams, and end-users. Ensure that
everyone involved in the project has a say in defining product
specifications.
3. Market Research:
Conduct market research to understand the competitive landscape,
customer preferences, and industry standards. This research will help
you set realistic specifications that align with market demands.
6. Performance Requirements:
Specify the performance parameters of the product. This may include
speed, efficiency, capacity, and any other quantitative measures of
performance.
1. System Requirements:
- Clearly define and understand the requirements of the product. This
includes functional requirements (what the system should do) and non-
functional requirements (how it should perform in terms of reliability,
performance, scalability, etc.).
2. Stakeholder Input:
- Gather input from all relevant stakeholders, including customers,
end-users, and internal teams, to ensure that the product architecture
aligns with their needs and expectations.
3. Functional Decomposition:
- Break down the system into its functional components and modules.
Define the relationships and dependencies between these components.
4. Trade-offs and Constraints:
- Identify trade-offs and constraints that may affect the product
architecture, such as cost constraints, time-to-market pressures, and
resource limitations.
5. Technology Selection:
- Choose the appropriate technologies, tools, and platforms for
implementing the product. Consider factors like compatibility, scalability,
and long-term support.
6. Scalability and Extensibility:
- Design the architecture with scalability and extensibility in mind, so
the system can grow and adapt to changing requirements over time.
7. Interoperability:
- Consider how the product will interact with other systems, both
internal and external. Ensure that the architecture supports necessary
interfaces and data exchange protocols.
8. Performance and Reliability:
- Address performance and reliability requirements. Determine how to
handle error recovery, fault tolerance, and system redundancy if needed.
9. Security:
- Identify potential security risks and vulnerabilities in the product
architecture. Implement appropriate security measures to protect data
and ensure the system's integrity.
10. User Experience (UX) and Human-Computer Interaction (HCI):
- Design the system with user experience in mind. Consider usability,
accessibility, and the overall interaction between users and the product.
11. Compliance and Standards:
- Ensure that the product architecture complies with relevant industry
standards, regulations, and best practices.
12. Prototyping and Testing:
- Consider the need for prototyping and testing at the system level to
validate design decisions and identify potential issues early in the
development process.
13. Data Management:
- Define data storage, retrieval, and processing mechanisms. Address
data synchronization and management requirements.
14. Software and Hardware Integration:
- If the product involves both software and hardware components,
design how these elements will interact and communicate effectively.
15. Documentation and Communication:
- Establish a clear documentation strategy and communication plan to
ensure that all stakeholders have access to the necessary information
about the product architecture.
16. Change Management:
- Plan for how changes to the architecture will be handled as the
project progresses. Establish a change control process to manage
updates and modifications.
17. Risk Assessment:
- Identify potential risks and develop mitigation strategies to address
them.