Product & Service Development - Research Project - Management Assignment Help

Assignment Task:

Introduction

New product development refers to the process of launching a new product in the market. This  process involves designing, manufacturing, and introducing a product or service. Throughout  this semester, assignments are built to support your staged approach to bringing a product or  service to market. 

The global economy has been challenged in many ways as a result of COVID-19. Your task is  to identify a product or service that would provide benefit as a result of the current global  pandemic.

Product Design Process 

Prepare a project proposal in any format that fits on one 8.5x11 page (one side only). Your project proposal should include: 

• A brief, descriptive project title  

• Your name, email address and student ID 

• A mission statement for your product or service – your mission statement should be  included in each assignment submitted. If you decide to change your mission statement,  please indicate so and explain your reasoning. 

• A description of the product or service opportunity you have identified. Your description  may include and of the following: Documentation of the market need, shortcomings of  existing competitive products, and definition of the target market and it’s size. 

• This assignment is about the problem you are looking to address, please refrain from  submitting proposals for solutions at this point. 

• Develop an organized list of customer needs for your product – what problems are you  looking to solve with your product or service? 

Prepare a Gantt Chart showing the plan of work to complete the project over the next two  months. Include at least the following activities: 

• Detail Design 

• Materials & Components Selection 

• Vendor Selection 

• Completion of all assignments

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