Product Development Cycle Management Template

Product Development Cycle Management in Priority Matrix

Prioritize and manage tasks in the Medtech product development cycle for timely and efficient outcomes.

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Proposed Tasks

Urgent and Important

• Identify Product Requirements - due in 2 days
  ☐ Conduct market research ☐ Interact with potential users ☐ Define product specifications
• Develop Prototype - due in 3 weeks
  ☐ Design product ☐ Build prototype ☐ Test prototype
• Product Testing - due in 1 month
  ☐ Perform lab tests ☐ Conduct user testing ☐ Refine product based on feedback

Important but Not Urgent

• Regulatory Compliance - due in 1.5 months
  ☐ Ensure product meets industry standards ☐ Apply for necessary certifications
• Production Planning - due in 2 months
  ☐ Identify suppliers ☐ Plan production process ☐ Estimate production costs

Urgent but Not Important

• Marketing Strategy - due in 2.5 months
  ☐ Identify target market ☐ Develop marketing plan ☐ Plan product launch
• Product Launch - due in 3 months
  ☐ Coordinate with marketing team ☐ Launch product ☐ Monitor product performance

Neither Urgent nor Important

• Post-Launch Evaluation - due in 3.5 months
  ☐ Collect customer feedback ☐ Analyze product performance ☐ Make necessary adjustments
• Product Improvement - due in 4 months
  ☐ Identify areas for improvement ☐ Implement changes ☐ Test improved product
• Product Expansion - due in 5 months
  ☐ Identify potential new markets ☐ Plan product expansion ☐ Implement expansion strategy