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Tag: Product Development

Project Management for New Product Development

Posted on January 24, 2018 by in PineStem

New Product Development

New Product Development (NPD) for any organization is an exciting yet challenging task. While the prospect of new software product development opens the doors to future business development and an additional source of revenue, it also involves technical, marketing, and financial risks. Most of the decisions taken in this phase are with a degree of uncertainty and are therefore risky.