7 Product Development Best Practices

Written by Casandra Mann, Precision Systems, Inc.

Complex development projects can feel like taming an unruly beast with a mind of its own — even when backed by solid research and guided by established business and design control processes. Within the engineering process, missing a single step can lead to unforeseen costs, missed opportunities and project delays. This results in excessive development costs outside of the defined budget, a decreased speed to market – sometimes months to years late, and frustrated management and stakeholders hoping to obtain a high return on investment (ROI) when opportunities are continually being missed.

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