Programm - Management of Product Development

Product Development is the entire process of planning and prototyping novel technical systems. It ranges from finding the product profile to creating a concept, designing, making prototypes, and testing and validating these. The actual manufacturing phase follows subsequently and is the second and final stage of the Product Creation process. Thus, Product Development is certainly one of the core means of adding value in companies and is crucial for their success through innovation. Creativity and performance potential define the success of Product Development.

Working in the field of Product Development is a true challenge due to the enormous variety of requirements. However, it is also a great chance to achieve self-actualization and accomplish creative design.

Trends like Mechatronics and Customer Individualization are making Product Development more and more complex. A new approach of going beyond the borders of various engineering domains such as Computer Science, Electrical-, and Mechanical Engineering will therefore be necessary. The three aspects of Product Development – systems, methods and processes – will be influenced and changed. Globalization and the market’s transparency are urging to increase efficiency and innovation in Product Development.

A number of new challenges will appear in tomorrow’s Product Development, the center of attention of which will be engineers. These challenges will make it interesting and exciting to stay involved in Product Development and to investigate it as a technical and economic discipline.