Open AccessSuccess factors in product development projects: expert opinions
Author(s) -
László Soltész,
László Berényi
Publication year - 2021
Publication title -
journal of physics. conference series
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.21
H-Index - 85
eISSN - 1742-6596
pISSN - 1742-6588
DOI - 10.1088/1742-6596/1935/1/012003
Subject(s) - new product development , product (mathematics) , process management , knowledge management , project management , business , computer science , engineering management , engineering , marketing , systems engineering , geometry , mathematics
Successful product development is a common challenge for technical and management experts. The increasing pressure on time reduction and cost savings while enhancing product features, requires rethinking project management methods. This paper analyses the opinions of product development experts about the success factors of product development projects. A voluntary online survey was used for data collection in 2020. The study confirms that development engineers, test engineers, project managers, and product development managers have partially different approaches to important success factors. Precise regulation and focus on collaboration are considered essential topics. The results show that knowledge management and collaboration with other organizational units must be improved. Enhancing the interpretation of project success and forcing the better utilization of lessons learned or module information can contribute to sustainable success.