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Process and Life Cycle of Product Development - Samsung

University: Mont Rose College

  • Unit No: 5
  • Level: Undergraduate/College
  • Pages: 2 / Words 501
  • Paper Type: Assignment
  • Course Code: J508
  • Downloads: 28
Brief :
Organization Selected : N/A

PROJECT TASKS – Part A (Individual report)

Task 1 (Approx. 1000 words)

Justify and demonstrate the processes of developing a new product and service

PROJECT TASKS – Part B (Individual report)

Task 2 (Approx. 800 words)

Assess a product's life cycle stage in chosen organisation's portfolio and also evaluate whether adaption, innovation and renovation are required for the individual services or products.

Task 3 (Team Presentation)

Plan and pitch a new/renovated service or product

Task 4 (Individual Report: 500 words.)

Demonstrate an ability to reflect on skills of creative development, team working and presentation.

Pass

Merit

Distinction

LO1 Describe and demonstrate the processes involved in developing a new product and service.

P1 Define the processes include in developing the products or services and levels of the customer integration.

P2 How to apply these processes in application to develop a specific company's product or service.

LO2 Assess the life-cycle stage of the products or services in a company’s portfolio and evaluate whether innovation, adaptation or renovation are needed for the individual products or services.

P3 Evaluate the product's life-cycle phase in an organisational portfolio.

P4 Assess which befitting product line management quality are required for the individual products and services.

LO3Plan and pitch a new/renovated service or product

P5 Develop and pitch a product or service considering market testing, service/ product launch and dispersion.

LO4 Demonstrate an ability to reflect on skills of creative development, team working and presentation.

P6 Provide reflective statement to reflects on creative development, team working, and presentation.

M1 Systematically demonstrate a justified application of the subject understanding and knowledge required in the process of product or service development

M2 Give a coherent and justified evaluation which is supported by the material synthesised from wide range of the validated sources.

M3 Plan a dynamic, detailed and creative pitch that provides an evidence of a developed, well planned, and evaluated service or product.

M4 Identify issues and give recommendations for the improvements.

LO1, 2 & 3

D1 Give a coherent, well-articulated, and logically presented pitch which has fully justified approach to the decision-making throughout the market launch, development process, and distribution.

D2 Give an independent and insightful reflection on creative development and teamwork, giving justified and valid recommendations.

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