Product Development Tracking & Prioritization Project Template
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In the competitive food ingredients industry, efficient product development is crucial. This template helps you plan, prioritize, and track all stages of product development to ensure timely product launches.
By using this template, you can manage and monitor every step, from identifying product ideas to post-launch reviews, ensuring a successful and timely product launch.
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Product Development Tracking & Prioritization Project in Priority Matrix
Manage and track all stages of product development for timely and successful product launches.
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Proposed Tasks
Important & Urgent
-
Identify Product Idea - due in 1 week
☐ Brainstorm ☐ Research Market Trends ☐ Competitor Analysis -
Develop Prototype - due in 1 month
☐ Design ☐ Test ☐ Revise -
Test Prototype - due in 6 weeks
☐ Internal Testing ☐ External Testing -
Finalize Product Design - due in 2 months
☐ Refine Based on Feedback ☐ Approve Final Design -
Set Up Production - due in 3 months
☐ Source Materials ☐ Train Staff ☐ Establish Production Schedule -
Begin Production - due in 3.5 months
☐ Monitor Quality Control ☐ Adjust Production as Needed -
Launch Product - due in 4 months
☐ Release to Market ☐ Monitor Sales ☐ Gather Customer Feedback
Important & Not Urgent
-
Conduct Feasibility Study - due in 2 weeks
☐ Technical Feasibility ☐ Market Feasibility ☐ Financial Feasibility -
Plan Marketing Strategy - due in 2.5 months
☐ Identify Target Market ☐ Plan Promotion ☐ Set Pricing -
Post-Launch Review - due in 4.5 months
☐ Analyze Sales Data ☐ Review Customer Feedback ☐ Plan Any Necessary Adjustments