Project Summary

Pre-work for New Product Development

This project summary lists the headings and sub-headings from a completed project. Although your project will have unique requirements, the purpose of the summary is to assist you in considering a number of planning concepts as you work to move your company forward.

• Product details
• Management
• Key contacts
• Market research
• Related markets
• Key challenges
• Supporting statistics
• Prototype considerations
• Manufacturing and production
• Set up costs
• Timelines and schedules
• Production cost breakdowns
• Sources of funding
• Requirements of funding
• Timing for funding
• Pre-sales efforts
• Stock handling and storage
• Shipping and security issues
• Operating and administrative expenses
• Competitor threats/risks
• Price points
• Patent activity
• Profit analysis
• Sales analysis
• Promotional activities
• Human resources requirements
• Long-term plan
• Warranty, repairs, returns
• Customer service program