Details
Product Lifecycle Management (PLM) is a systematic approach to managing the changes a product goes through in its lifecycle. This is from inception, through design, prototype, and manufacture. It continues towards – launch and marketing, and ultimately retirement from the market. Product lifecycle management is considered, by many, one of the strategic pillars of an organisation’s IT structure.
COURSE OBJECTIVES
Understanding of the stages of product lifecycle management and the elements associated with each stage
For a product in the “market,” understanding the phases of a product lifecycle is key.
Understanding of the principles of Design Thinking, Lean Mindset, and Agile Principles and aligning them with the outcomes of Value, Flow, and Quality
Examples of best practises for various stages in the product lifecycle
The identification and process of knowing how to retire a product when the time is appropriate.
Confidence and experience in managing the product lifecycle and understanding some of the key challenges are required.
The identification and the difference between project-led and product-led organisations
The understanding and capability of Product Lifecycle practises and tools required to take an idea through the entire product lifecycle