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course | Innovative Product Development Processes for Managers

Join our Innovative Product Development Processes for Managers course in UAE. Gain practical innovative product development processes managers skills with

MGLD-811 | Innovative Product Development Processes for Managers

Course Sector : Management And Leadership

Duration
Date from
Date to Course Venue Course fees Book a course
5 Days13/09/202617/09/2026Jeddah$4,250 Book now
5 Days04/01/202708/01/2027Dubai$4,250 Book now
5 Days15/03/202719/03/2027Vienna$4,950 Book now
5 Days24/05/202728/05/2027Abu Dhabi$4,250 Book now

Course Introduction

New products and services are created by companies of all sizes for the growth and improvement of their business. New products provide company sustainability by offering new value to its customers, which generates additional revenues. Many of the new products have been at an incremental improvement stage for past many years, with some new features incorporated in them. The success of the product development process typically requires considerable resources that leverage the opportunity for better results in a customer’s business.

This training course is designed to provide participants with the essential concepts of the product development process. This course focuses on topics such as strategy and planning, value creation and product feature selection, concept development and ideas screening, value-based product pricing, and product solution definition and design.


Course objective

  • Gain a comprehensive understanding of the complete product development process
  • Build products with a sustainable competitive advantage
  • Develop value and market-based product pricing, product cost models, and product forecasts
  • Prioritize new product ideas based on business strategic alignment, return on investments, and ability to execute.
  • Deliver new product developments on time, and how to manage a team (or virtual team) of project resources and multiple business units’ stakeholders
  • Conduct a detailed project financial analysis.

Course audience

  • Product Managers
  • Product Development Specialists
  • Business Development Managers
  • Strategic Planners
  • Marketing and Market Research Professionals
  • Financial Analysts and Planners
  • Operations and Process Managers
  • Project Managers
  • Solution Architects
  • IT and Technical Product Managers
  • Sales and Marketing Leaders
  • Business Analysts
  • Innovation and R&D Leaders
  • Entrepreneurs and Startup Founders
  • Professionals in Telecommunications, Software, or Technology Sectors

Course Outline | 01 Day One

Strategy and planning
 

  • Define your market
  • Strategic market assessment
  • Development options
  • Value creation and product feature selection
  • Market segmentation
  • Competitor analysis

Course Outline | 02 Day Two

Concept development and ideas screening
 

  • Feasibility study
  • High-level project planning
  • Business case structure and writing
  • Financial analysis: detailed project financial analysis, cost factors, revenue factors

Course Outline | 03 Day Three

Value-based product pricing
 

  • Cost modelling and forecasting
  • Cost model development and product forecasting
  • Product and business requirements
  • Detailed project management plan

Course Outline | 04 Day Four

Product solution definition and design
 

  • Business process design
  • Quoting and ordering process, implementation, support, and billing
  • Technical solution architecture
  • Functional model, data model, vendor evaluation, bench testing, and ensuring design quality
  • OSS/BSS
  • Architecture considerations
  • Design tools and tips

Course Outline | 05 Day Five

PoC, ITIL, solution architecture templates
 

  • Finalising product build
  • Product sales and marketing guides, price sheets, product/service collateral, proposals, application forms
  • Technical solution build
  • Final processes, technical guide, OSS/BSS
  • PRT / ORT
  • Product launch
  • Product lifecycle
  • Performance management & reporting
  • Leadership and staff choice, portfolio planning, marketing planning, and budget
Course Certificates
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BOOST’s Professional Attendance Certificate “BPAC”

BPAC is always given to the delegates after completing the training course,and depends on their attendance of the program at a rate of no less than 80%,besides their active participation and engagement during the program sessions.

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