BUSINESS CAPABILITY MAP - Product Management Services
| Description | EN: The Product Management Services map groups together all product management capabilities handled by Business Development. FR: La carte des Services de gestion des produits regroupe toutes les capacités de gestion des produits gérées par le Développement des offres. |
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| Name (FR) | Services de gestion des produits |
| Implementing Functions | 
Product Management ,
Program and Project Management |
| Packaging Library | 
Enterprise Operations |
TREE VIEW
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Product Management ServicesThe Product Management Services map groups together all product management capabilities handled by Business Development.
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Product Development
Encompasses the activities involved in conceiving, designing, and creating new products or enhancing existing ones to meet market demands and customer needs. This capability includes generating innovative ideas, developing prototypes, and refining products based on feedback, ensuring alignment with market trends and effective customer satisfaction.
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Build and Integration
Involves regularly updating components, automating the development process, and performing integration tasks. It focuses on identifying and addressing issues early in the development cycle to improve efficiency, enhance collaboration, and deliver consistent, high-quality results.
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Change & Risk Management (*)
Refers to the structured approach for identifying, documenting, and assessing changes and associated risks to an initiative's scope, schedule, and budget. This capability ensures that modifications are approved, implemented, and controlled efficiently and that potential risks are proactively addressed . By managing these changes, enterprises can adapt to evolving requirements while maintaining initiative integrity and alignment with strategic goals.
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Product Architecture
Focuses on defining and organizing the structure and components of a product. It involves creating detailed models and specifications that outline how various product elements interact, ensuring that the product meets design requirements and performance criteria. This capability is crucial for guiding development, maintaining consistency, and optimizing the product's functionality and manufacturability.
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Product Verification & Validation
Involves systematically evaluating a product's features, functionality, and performance through rigorous testing and inspection processes. It includes conducting component, integration, and overall product testing to identify and address defects. The goal is to ensure the product meets predefined quality standards, user requirements, and regulatory compliance, enhancing reliability, safety, and user satisfaction before it reaches the market.
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Requirements Analysis
Entails systematically collecting, assessing, and documenting stakeholder needs and expectations. It defines and prioritizes product requirements to ensure that objectives are clearly understood and aligned with stakeholder goals, facilitating informed decision-making and effective development.
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User Experience (UX) Design
Focuses on designing a product's interface and interaction to boost usability, accessibility, and overall user satisfaction. This involves crafting intuitive layouts, interactive elements, and user-friendly features to ensure that the product meets user needs effectively and provides a seamless and enjoyable experience.
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Product Lifecycle Management
Addresses the management of a product from its initial ideation and development through its stages of growth, maturity, decline, and potential retirement. This capability aims to optimize product performance and profitability at each phase, ensuring the product adapts to market changes and supports strategic business objectives throughout its entire lifecycle.
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Product Bill of Materials (BOM)
Entails managing a detailed list of all components, materials, and assemblies required for a product throughout its lifecycle. This capability ensures precise management of product specifications, supports accurate cost calculation, and facilitates efficient production planning and inventory control, integral to the development and maintenance phases of the product lifecycle.
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Product Configuration & Version Management
Focuses on managing product features and versions to enable customization and maintain version control. This capability allows for adjusting product attributes to meet specific customer needs while ensuring that different versions of the product are systematically tracked and controlled. By doing so, it ensures that product offerings remain relevant and aligned with market requirements throughout their lifecycle.
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Product Distribution
Involves planning, coordinating, and optimizing the channels and methods used to deliver products to customers or end-users. This capability ensures that products reach their intended destinations efficiently and effectively. By managing distribution networks and logistics, it aims to enhance delivery performance and product reach.
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Product Retirement and Archiving
Focuses on the strategic planning and execution of phasing out or archiving products that no longer align with enterprise objectives or market demands. This capability ensures a smooth transition, enabling the enterprise to manage resources efficiently while maintaining compliance and preserving essential product data for future reference.
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Product Portfolio Management
Entails strategically managing and optimizing a collection of products to align with enterprise goals and market demands. This capability involves evaluating and prioritizing products based on performance, profitability, and market potential. By ensuring the product portfolio supports overall business objectives, it helps drive growth and adapt to changing market conditions.
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Product Documentation
Encompasses the creation and maintenance of detailed documentation, including technical specifications, user manuals, and product information. It supports clear understanding and effective use by providing essential references for users and stakeholders, and aids in future development and troubleshooting.
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Product Maintenance and Support
Includes providing continuous support, updates, and maintenance to address issues, implement enhancements, and keep the product current and operational. It ensures the product meets evolving needs, maintains optimal performance, and adapts to changes in the market or regulatory environment.
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Product Portfolio Analysis & Optimization
Enhances profitability and market relevance by refining the product mix. It involves analyzing performance data, strengths, weaknesses, customer needs, and market trends to adjust product offerings and resource allocation. This capability ensures that the product portfolio aligns with strategic goals, maximizes overall value, and maintains competitive advantage.
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Schedule & Resource Allocation (*)
Encompasses planning, organizing, and controlling initiative timelines along with proper allocation and optimization of resources such as personnel, equipment, and finances. This capability encompasses creating initiative schedules, defining milestones, resolving conflicts or constraints in resource allocation, and managing dependencies. It ensures timely initiative delivery, monitors progress against timelines, and adjusts schedules to optimize initative efficiency and meet objectives within the enterprise's operational framework.
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Stakeholder Management (*)
Involves identifying, engaging, and communicating with initiative stakeholders. This capability includes analyzing stakeholder interests, managing expectations, fostering relationships, and addressing concerns to ensure their active involvement and support throughout the initiative lifecycle. It aims to enhance initiative transparency, mitigate risks related to stakeholder engagement, and optimize project outcomes by aligning stakeholder needs with initiative objectives.
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