Only suitable methods can help to move forward in the process of product development. Therefore it is important to choose a method that fits the product, current stage of development process and the team.
The project is currently in the evaluation phase in accordance to the value methodology. One of the major purposes of this stage is to come up with a short list of projects with the highest potential. Hence, a selection process needs to be executed to produce a focused concept. The focus concept will then be used in the next stages to be developed further.
The weighted matrix is a method that is used at an early stage in product development process to select a concept that looks the most promising. This method helps to increase customer value and at the same time make a selection that is objective.
Therefore the weighted matrix was chosen in this project to help make a selection among the choice of concepts.
Often it is difficult to come to a consensus among group members as everyone is biased by their profession. Everyone has a subjective way of ranking the concepts according to their experiences and knowledge. Such a ranking can lead to dissatisfaction and conflicts in the team as well as choosing a concept that has not the most potential from a customer perspective. The weighted matrix makes the decision process on the one hand a group experience where everyone is involved and gets the acknowledgement of their knowledge and on the other hand more objective.
Inhaltsverzeichnis (Table of Contents)
- Introduction
- Engineering Methods
- The value methodology
- Theoretical framework of the weighted matrix - Pugh decision matrix
- Application and evaluation of the weighted matrix – Pugh decision matrix
- The methodology process and phases
- Project schedule
- The methodology process
- Conclusion
Zielsetzung und Themenschwerpunkte (Objectives and Key Themes)
This project aims to evaluate and select a promising concept for further development using the weighted matrix method. The objective is to make an objective and informed decision based on customer value and team consensus. This selection process is part of the evaluation phase within the value methodology, which emphasizes increasing product value through functional improvements or cost reductions.
- Value methodology and its application in product development
- The weighted matrix method for objective concept selection
- Pugh decision matrix as a specific implementation of the weighted matrix
- Evaluation of different concepts based on predefined criteria
- Importance of team consensus and objective decision-making in product development
Zusammenfassung der Kapitel (Chapter Summaries)
The introduction provides context for the project, highlighting the importance of choosing the right method for product development. It emphasizes the need for a selection process to identify the most promising concept for further development. The weighted matrix method is introduced as a tool for making objective and collaborative decisions in this early stage of product development.
Chapter 2 delves into the value methodology as a framework for product development. The chapter focuses on the value methodology's emphasis on customer value and its usefulness in multidisciplinary teams. It introduces the weighted matrix method and its specific implementation, the Pugh decision matrix, as tools for objective decision-making.
Chapter 3 outlines the methodology process and phases involved in the project. It discusses the project schedule and provides a detailed explanation of the methodology process, including the steps of choosing a baseline, selecting criteria, and executing the evaluation.
The conclusion, which is not summarized here to avoid spoilers, likely presents the final decision made based on the evaluation of the concepts using the Pugh decision matrix.
Schlüsselwörter (Keywords)
The key terms and concepts explored in this project include: value methodology, product development, weighted matrix, Pugh decision matrix, concept selection, customer value, objective decision-making, team consensus, criteria evaluation, and environmental impact.
- Citation du texte
- Anna Lena Bischoff (Auteur), 2016, Methods at Work in Engineering. The weighted matrix, Pugh Matrix and QFD method for decision making in product development, Munich, GRIN Verlag, https://www.grin.com/document/315240
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