Digital Product Engineering

Digital product engineering services include different phases from inception to the end of life cycle of a product. Let’s understand different phases of product development:

Conceptualization

This is the initial stage of product development that involves ideation and documentation. Though a concept may seem exciting in the beginning, it may not always be convincing. You need to seek expert advice for the best ideas matching your business requirements.

Design

Once the concept is finalized, you need to convert the idea into a product. Any changes or improvements in this phase can be covered easily.

Development

Development or assembling of the product is the next step for product engineering. Pay a lot of attention and add the required features for your product. Implement the right features and functionalities to manage and optimize the costs.

Testing

A well-developed product may need to undergo stringent quality checks to ensure that it is free from bugs and flaws. Every entrepreneur needs a fault-free product. Testing the product ensures that a flawless product before it is released in the market.

Release

After the product is tested, it is released in the market. Collect feedback from the users to improve the product. Make sure that your product has the best user experience.

Support and Maintenance

Continuous support and maintenance for the product ensures that it serves its purpose. With focused agile product development approach, you can handle the entire product lifecycle development right from conceptualization to deployment.

Re-engineering

Once the product is released in the market, you may need to look for periodic updates and enhancements to make sure that it stays competitive as per the latest market and industry trends. You may even need to scale up your product to meet the increasing customer demands in the future. Re-engineering or sustenance services may increase the lifespan of your product.

Comments

Delivering a project within budget

Here are some tips for delivering a project within budget: Set a realistic budget Define the project's scope and necessary resources, and create a budget that's realistic. Cost estimate Segment the project into smaller tasks and milestones to plan how to use resources and provide clarity. Divide the project plan Break down the project into tasks to avoid late deliverables and over-budget projects. Monitor progress Regularly track the project's progress to identify and prevent cost overruns. Use progress reports to compare actual costs to the budget. Anticipate and revise changes Communicate with stakeholders to identify and assess risks, and assign owners to each risk. Consider different scenarios Estimation can be difficult for complex projects with many potential outcomes. Tracking: Tracking time spent on tasks, Tracking expenses per project, and Using project management software. Use Historical Data Your project is likely not the first to try and accomplish a specific o...

Empiricism (Scrum)

Empiricism asserts that knowledge comes from experience and making decisions based on what is observed. Pillars of Empiricism . Various practices exist to forecast progress, like burn-downs, burn-ups, or cumulative flows. While proven useful, these do not replace the importance of empiricism . In complex environments, what will happen is unknown. Only what has already happened may be used for forward-looking decision making. Each artifact contains a commitment to ensure it provides information that enhances transparency and focus against which progress can be measured: ● For the Product Backlog it is the Product Goal. ● For the Sprint Backlog it is the Sprint Goal. ● For the Increment it is the Definition of Done. These commitments exist to reinforce empiricism . The sum of the Increments is presented at the Sprint Review thus supporting empiricism .

New way of product development

Today is the era of fast-paced world and competitive world. Companies are realizing that the old sequential approach to developing new products won’t get the job done and product can’t be reached to market when compared to competitors. The 4 stages of product development are as follows – R&D, Growth, Maturation, and Decline. Instead of sequential approach, companies are using holistic approach – as in rugby game, the ball gets passed within the team as it moves as a unit up the field. This holistic approach has six characteristics: 1) Build-in-instability 2) Self-organizing project teams 3) Overlapping development phases 4) Multi-learning 5) Subtle (very clear and strong) control 6) Organizational change to explore and learning The above six characteristics forming a fast and flexible process for new product development with advantage of act as a change agent, creative, market driven ideas, flexi...

High-Tech Yuga

Search This Blog