Question

1) Successful product development requires decision making in an environment free from constant change. TRUE or FALSE

2) One of the most difficult aspects of product development is recognizing, understanding and managing trade-offs. TRUE or FALSE

3) The cost of product development is roughly proportional to the number of people involved and the duration of the development project. TRUE or FALSE

4) Developing a successful product of even modest complexity requires hundreds, even thousands of decisions. TRUE or FALSE

5) Characteristics of dysfunctional product development teams include lack of empowerment, functional allegiances transcending project goals and inadequate resources. TRUE or FALSE

Answer 1

Answer-

(1) False. As the today's market place is fast changing and in order to meet the customer needs, a successful product development requires decision making in an environment with constant changes.

(2) -True. Recognising understanding and managing trade-offs are the most difficult aspects of product development.

(3)- True. Cost involved in product development can be roughly estimated as proportional to the number of people involved and the duration of the development project.

(4)- True. Thousands of decisions are required to develop a successful product with modest complexity.

(5) True. Lack of empowerment, functional allegiances transcending project goals, lack of cross functional representations, and inadequate resources are the general characteristics of a dysfunctional product development teams.