Product Development Resource Allocation With Foresight

Topics:
Product Development and Design
Tags:
Allocation,
Resource Allocation Policy Matrix,
Resource Allocation,
Research & Development,
Product Marketing,
Product Development,
Marketing,
Management,
Elsevier,
Business Operations,
...
Source:
Elsevier

FREE Registration is required

Overview: Shortening project duration is critical to product development project success in many industries. As a primary driver of progress and an effective management tool, resource allocation among development activities can strongly influence project duration. Effective allocation is difficult due to the inherent closed loop flow of development work and the dynamic demand patterns of work backlogs. The Resource Allocation Policy Matrix is proposed as a means of describing resource allocation policies in dynamic systems. Simple system dynamics and control theoretic models of resource allocation in a product development context are developed. The control theory model is used to specify a foresighted policy, which is tested with the system dynamics model. The benefits of foresight are found to reduce with increasing complexity.

(Is this item miscategorized? Does it need more tags? Let us know.)

Format: PDF | Size: 412KB | Date: Oct 2003 | Pages: 16

People who downloaded this item also downloaded

Tools & Templates Clinical Laboratory Supervisor
White Paper SWOT Analysis - To Make Your Business More Profitable
White Paper Rational Legal Decision-Making, Value Judgment And Efficient Precaution In Tort Law
White Paper Strata, Structure, And Strategy For Resource Allocation And New Product Development
White Paper Achieving Optimal Asset Allocation

Top results from Product Development and Design

White Paper SQL Server 2008's Dynamic Duo: Management Views and Functions
White Paper Retailers' Response to the Global Economy Downturn — Enabling Immersive Shopping Experiences
White Paper Smarter Products - The Building Blocks for a Smarter Planet
Webcast Outsourcing the data centre to a carrier neutral data centre operator in Europe
White Paper Extreme Performance, Predictable, & Econ Scale & Continuous Avail for J2EE Apps

» View all Product Development and Design listings

advertisement
advertisement
  • Click Here
  • Click Here
  • Click Here
advertisement

Returning users: Log In Here!

Already registered on BNET, TechRepublic, or ZDNet? Simply log in.

Free Membership: Sign Up Now!

Sign up for a free membership today and get instant and unlimited access to one of the largest databases of white papers, webcasts, and casestudies anywhere. Your FREE membership allows you to:

  • Download an unlimited amount of content, including classic and current white papers, case studies, webcasts and more
  • Track content on your chosen topics of interest
  • Receive targeted email alerts when your favorite content is added
  • Save content for future reading
  • Receive our member newsletter

When you register to access this directory, you become a member of BNET. In addition, you allow us to share your information with companies that produce products or services featured in the library--so that such companies may contact you with information and offers regarding their products and services. This enables us to keep the library a free service. As a directory registrant, you will receive a complimentary subscription to the BNET member newsletter, The BNET Report. You can unsubscribe from this newsletter at any time. By clicking the Sign up button, you indicate that you agree to our Terms and Conditions and have read and understand our Privacy Policy (updated).