Introduction to New Product Development Management
New product development management can be defined as the process of bringing new products and services into the market. This process actually comes with two parallel paths. The first one is that which involves the generation of idea, designing of the new product and detail engineering. The other path involves marketing analysis and market research. Most business organizations view the process of developing new products as the first stage when it comes to the generation and commercialization of new products within the product life cycle management scope which is also used in maintaining or increasing their share in the market. Deciding to earn a new product development management certification is quite challenging and interesting. It is because this move will allow you to learn new things that will significantly improve your perspectives when it comes to handling business.
If you are planning to take up a new product development management course, then you have to be serious in improving your skills in a number of areas. Note that your responsibilities will include finding greater opportunities when it comes to marketing consumer products, medical and hospital services, public services and consumer services. You are also required to improve your skills and knowledge in promotional planning, sales forecasting and marketing research. Deciding to earn a new product development management certification also requires you to fully understand all the processes involved in the development of new products including idea generation, idea screening, concept development and testing, business analysis, beta testing and market testing, technical implementation, commercialization and new product pricing.
Brainmeasures New Product Development Management Certification Program
The new product development management certification program from Brainmeasures is highly recommended for individuals who are aiming to get certified in this field. You should consider getting your online certification for new product development from Brainmeasures as the program offered by this company is guaranteed to provide you with the highest level of knowledge. Its program is filled with relevant information about the processes involved in effectively developing new products and launching these into the market. It should also be noted that you won’t be able to complete the entire program if you do not take the online product development exam which forms part of it and aims to evaluate your level of skills, knowledge and expertise in the field. A passing result shows that your knowledge in the field of new product development management is already enough so expect Brainmeasures to furnish your skill certificate.
Highlights of the New Product Development Management Certification Program from Brainmeasures
The new product development management certification program from Brainmeasures is one of the most comprehensive programs that the company offers so expect to receive a higher form of knowledge after you complete it. The ISO certification received by Brainmeasures shows that it is effective enough in providing the most comprehensive and legitimate training to individuals and professionals who have decided to take part on its program. Here are some of the major highlights of this new product development management certification course offered by Brainmeasures:
- Framework used in new product development management
- Understanding the major processes involved in new product development management
- Different technological strategies that you can use in developing new products
- Improving the competitive positioning of your business by developing new products
- Understanding the economic models used in designing and developing new products
- How to use your creativity in developing new products
- Properly allocating resources when developing new products
- Introduction to the new product development portfolio management process
- A background on the organization design used in the process of managing new product development
- Effectively measuring the performance of product development
- Impact of off shoring, outsourcing and distributed product development in successfully coordinating the new product development management process
- Proper coordination and exchange of accurate information
- Major roles played by your customers in the evolution of your products
- Defining specifications when it comes to delivering your products
- Tips in effectively prototyping and testing your new products
- Taking advantage of the project risk management process during the development of new products
- Effectively assessing the cycle for product use
- Understanding the process of developing new services
Beneficiaries of the New Product Development Management Certification Program
The new product development management certification program from Brainmeasures is just like any of its other offered programs that are capable of benefiting a wide array of individuals. You can expect this certification course to work suitably for you if you are a professor, consultant, technical staff or a professional who is interested in learning the procedures involved in new product innovation and development.
Job Opportunities after Completing a New Product Development Management Certification Course
Your new product development management certification can be your ticket towards accessing numerous jobs. This certification gives you the opportunity to hold the following positions:
- New Product Development Program Manager
- New Product Development Director
- New Product Development Technologist
- Product Development Marketing Manager
- Software Product Development Lead
- IT Product Development Project Manager
Expected Salary for New Product Development Management Certification Holders
After deciding to practice your new product development management certification, you can expect to receive numerous job offers with attractive pay. In fact, your average annual salary as a certified new product development management expert is around $93,000.