Hopefully your visit to gantthead has provided you much food for thought on where and how you can add value to the PMP. Obviously, this series is IT-centric. So keeping that in mind, in this part we will look at the New Product Development Professional option, from an IT-centric perspective.
While this one might not quite cross one’s mind at first, you will find that New Product Development credentials and experience are a valuable skill set to complement a PMP. Project managers involved in the creation of new technology-enabled products and services are part of product development to start with. The vertical integration of skills into product management is not a far stretch. Given the current focus on requirements management, we will also consider how and where the role of requirements management is critical to the intersection between project management and product management.
A strong product development process is a critical catalyst to convert ideas into opportunities, then into marketable and profitable products. There are three sub-disciplines: product management, product design and product development. Product management professionals collate and quantify market needs and problems, write product requirements and validate the end-state solution. Product design professionals analyze and translate the requirements into specifications and design the