Project Management

, Project Management, Innovolo Ltd

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New Product Development Project Management

Manufacturing STRATEGY, BUDGET & TIMELINE requirements inform our new product design approach. Keeping these requirements in mind ensures you have a great product. Also, one that fits into your organisation’s overall priorities!

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Detailed planning for a successful new product development project.

While carrying out this service, we carry out extensive planning goes to ensure your new product development project is successful.  We doing this by working with our proven Innovolation Framework. 

We go through the below during our planning service:

  • idea generation
  • idea screening
  • concept development
  • Testing
  • building a market strategy
  • product development
  • market testing
  • market commercialisation
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Project Scheduling is key to organising a project currently. It indicates what needs to be done, which resources must be utilized, and when the project is due.

While carrying out this service, we work with you to compile a complete time plan for your project. This includes the planned start and finish date, duration, and resources assigned to each activity. Effective project scheduling is a critical component of successful time management.

Creating a robust and realistic project schedule provides the following benefits:

  • Assists with tracking, reporting on, and communicating progress to all stakeholders.
  • Ensures everyone is on the same page as far as tasks, dependencies, and deadlines.
  • Helps highlight issues and concerns, such as a lack of resources.
  • Helps identify task relationships.

Can be used to monitor progress and identify issues early.

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We determine the total amount of money that is allocated for the project to use and allocate to each area accordingly.

During this service we work through specific steps to ensure all areas are covered. Some of the steps we work through are as follows:

  • We define the project and its end goal
  • We establish if there are any ground rules, constraints, and assumptions which should be considered
  • We ensure all sources of data are collected and able to be relied on
  • We look at whether the estimating methodology in use is acceptable
  • We establish with you, who will be involved within the project
  • Ensure that we have a list of resources and rates
  • Establish if contingency reserves are available and account for risk
  • Carry out comparison of the original estimates and reconcile differences
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We work with you to the handle the entire production flow of your goods or services. We start with the process from the raw components all the way to delivering the final product to your consumer.

We describe supply chain management as having five key elements:

  • Planning
  • sourcing of raw materials
  • Manufacturing
  • Delivery
  • Returns

Together, we work with you do develop expertise in all five elements in order to have an efficient supply chain and avoid expensive bottlenecks.

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This is the process we use that takes an idea from an initial working prototype to a thoroughly refined and reproducible final product.

Done in-house, this process would affect many of your team, product lines, and supply chain partners. However, by using our service, we design, develop, test, produce, and ship products as we move from early concepts to prototyping and volume production.

Since NPI requires a substantial investment of time and resources, careful planning goes into each step to ensure that the result will be worth the effort.

, Project Management, Innovolo Ltd