Project Management Product life cycle
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Transcript of Project Management Product life cycle
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Reminder: project life cycleBusiness
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Plan implementation
Product creation
Project supervision
Requirements
Charter
Product launch
Project plan
Scope
Schedule
Budget
Summary requirements
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A product is born…Business
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Plan implementation
Product creation
Project supervision
Requirements
Charter
Product launch
Project plan
Scope
Schedule
Budget
Summary requirements
...after gestating throughout the life of the project!
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Product life cycleBusiness
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Product creation
Charter
Product launch
Evolution
End of life
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Product launchBusiness
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Product creation
Charter
Product launch
Evolution
End of life
The PM is usually involved, in cooperation with Marketing & Sales
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Product evolutionBusiness
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Product creation
Charter
Product launch
Evolution
End of life
Content: ongoing or occasional updates “massive” enhancement
Container (the software): corrections updates revisions
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End of life of the product (1)Business
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Product creation
Charter
Product launch
Evolution
End of life
The product is frozen: no further content evolution software remains in its final state
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End of life of the product (2)Business
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Product creation
Charter
Product launch
Evolution
End of life
The product may remain in service for a while but with… technical problems, customer discontent, the need for a replacement.
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Product life cycleBusiness
caseAdvisabilit
y studyFeasibility study
Execution ClosurePlanning
Product creation
Charter
Product launch
Evolution
End of life
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Questions?
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Factors influencing the life of a product Market and competition User needs/requirements Price Business model Target platforms / Technical environment
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Market and competition Market evolution Competitors’ products Product positioning (content, features, performance) Novelty and innovation Clear and simple sales arguments Distinctive features
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User needs/requirements Evolution of needs User feedback Commercial partners (sales reps, distributors…) Customer Services Better
productsplease!
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Price and business model Market demand & supply Direct impact on product Sales channels How revenue is generated
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GENERAL PUBLIC (DIRECT)
GENERAL PUBLIC (INDIRECT)
INSTITUTIONS (DIRECT)
INSTITUTIONS (INDIRECT)
Business customers via DataPasse (IDM)
Canadian institutional customers via De Marque
French schools via the KNÉ
Intranets, eg LagardèrePublic libraries,
eg Ville de Massy
Institutions abroad, eg
LearnAlberta
EHM free of charge
Subscription
Authentication
Subscribers
Search engines,eg Google,
with keyword encyclopédie
HM site
Club-Internet subscribers
Affiliated site users, eg
(hypothetical)Le Monde
Subscription
Authentication
Subscribers
Businesses,eg Le Figaro
(editors)
Online EHMBusiness Model
DHO
Fee-based EHM LOs
Institutions abroad, eg Institut canadien du service extérieur
EHM free of charge
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Platforms / Technical environment Target platforms Compatibility Dependencies Development, testing and maintenance costs Development tools Focus required Fewer problems with online applications
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Questions?