BU385 Chapter Notes - Chapter 4: Requirement, Railways Act 1921, Remanufacturing
Document Summary
Product design: involves determination of form and function of product. Product approval committee: top management; oversees and directs design/development activities. Responsible for authorizing new products, reviewing progress at phase/stage review points, allocating resources across different projects, and ensuring consistency between company strategy and design/development projects. Core teams: cross functional teams to plan and lead design/development projects from idea to commercialization. Resolving issues and conflicts, making trade-off decisions, and directing other support staff. Every function involved in design/development should be represented in core team, but team should not be large (max. 8 members) to be effective: defi(cid:374)e e(cid:448)er(cid:455) (cid:272)ore (cid:373)e(cid:373)(cid:271)er(cid:859)s role a(cid:374)d respo(cid:374)si(cid:271)ilit(cid:455), a(cid:374)d those of fu(cid:374)(cid:272)tio(cid:374)al managers ensure core team is empowered, define limits of authority of core team; include legal/regulatory member. Phase reviews/stage gates: milestones during new product design/development when progress of core team is reviewed by product approval committee. Decision to approve, cancel, or redirect project.
