33:620:301 Study Guide - Final Guide: Ombudsman, Collectivism, List Of Auto Parts

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Maximizing the product"s fit with customer requirements. Minimizing the development cycle time: development cycle time the time elapsed from project initiation to product launch, usually measured in months or years. Partly parallel developmental process: a development process in which some (or all) of the development activities at least partially overlap. Project champions senior executives have the power and authority to support and fight for a project. Risks: may cloud judgment about the true value of the project. Involving customers and suppliers in the development process. Beta testing a beta version of a product is an early working prototype of a product released to users for testing and feedback. Crowdsourcing a distributed problem-solving model whereby a design problem or production task is presented to a group of people who voluntarily contribute their ideas and effort in exchange for compensation, intrinsic rewards, or a combination thereof. Tools for improving the new product development process.