YIIP1200 Product Life Cycle Management Preliminary schedule for Spring 2008

2 Product Life Cycle Management Teachers: Mika Huhta & Pasi Kaipainen Starts on Saturday, February Wk Introduction and Concept Wk Product development Wk Production/Utilization Wk Support/Retire/recycle The exam day will be decided later Lectures take place on Fridays and on Saturdays 9-16 Course book: Product Life Cycle Management, 21st Century Paradigm for Product Realisation, Stark John, Springer 2006, ISBN

3 YIIP1200 Product Life Cycle Management Prerequisites: Project Management YIIP1100 PLM course will apply skills and methods from YIIP1100 during Product Development module Objectives: a holistic view to Product Life Cycle Management and its implications during different life cycle stages and companies’ strategy work

4 Assessment Exam 50% Exercises/practical simulation (incl. self- assessment) 50% Grading scale 0-5 Implementation: Classroom-based lectures, individual/pair/group work Exercises/practical simulation are returned to the R5 learning environment Exercises/practical simulation: Some items in different PLM modules will be practiced through exercises/simulation

5 Grading Grade Points Explanation Fail= Scoring not enough Pass Pass with OK Pass with Good Pass with Very Good Pass with Very Good and Merits

6 Topics Concept: Develop product ideas into different product concepts, manage product portfolio and plan marketing strategy, create a business plan Product Development: create new products defined in portfolio on time to fill market demand; plan, implement and measure Product Development main project areas, product total quality Production/Utilization: manufacturability, rapidly increasing sale, market penetration, distribution, services around the products, increasing profits

7 Topics Support: maximized high-profits, cost reductions, alternative and more intensive distribution Retire/recycle: Declining profits, price cuts, minimize capital tied up in inventories, lessons to the new products General: Company strategy-PLM strategy, management/leadership during PLM, SWOT as part of the strategy work etc.