James Chase (Chase, 2000, Chase, 2001) discusses in his work the value in product
development in terms of cost, schedule, performance and risk. It is important to consider
processes’ value contribution in PD, instead of just only a product’s value contribution. It is
difficult to judge how much value exactly every activity in PD contributes to the final product.
It is therefore sensible to focus the assessment of value creation on the execution of the PD
process itself. This leads to the recommendation of strict schedule-focused earned value
management in PD. For detailed analysis, the PD process is broken down into the four
categories of tasks, resources, environment and management.
James Chase (Chase, 2000, Chase, 2001) discusses in his work the value in productdevelopment in terms of cost, schedule, performance and risk. It is important to considerprocesses’ value contribution in PD, instead of just only a product’s value contribution. It isdifficult to judge how much value exactly every activity in PD contributes to the final product.It is therefore sensible to focus the assessment of value creation on the execution of the PDprocess itself. This leads to the recommendation of strict schedule-focused earned valuemanagement in PD. For detailed analysis, the PD process is broken down into the fourcategories of tasks, resources, environment and management.
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