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Product Development Maturity Model

Product Development Maturity Model

Product development is the main aim of any business. This is the only goal that should be followed by each and every worker and superiors in any organization. The product development maturity model is a kind of framework that is important for improving and assessing product development. It is a really effective system for analyzing and standardizing the quality of a company. It lays down a proper skeleton for the growth and improvement of a company.

The product development maturity model has different levels based on which the maturity of the development process of a company is determined, these levels are:

Initial level: At this level, the development process is not stable, and the company in question does not have a perfect environment for the proper development of its products. The processes are not predictable at all and the company does not have good management, proper focus on maximizing the life cycle of a product, etc.

Repeatable level: At this level, stable policies are worked out to manage the development process properly. Different processes are used to implement all these policies. The management takes care of and oversees every part of the development process for cost effective, yet, good quality production.

Defined level: The stable processes for product development are documented at this level. Different methods are used to support the management team work more effectively. Special training is provided to different groups of employees to make sure that they are specialized in the job they have to do. Performance reviews are done as well.

Managed level: At this level, the projects control the products by minimizing the variations in the development process. Variations that are meaningful can be accepted. New technologies, development methods, etc., are introduced, but, are carefully managed and all risks are controlled. The entire process is controlled and stable.

Optimized level: At this level, the focus of an entire company lies in the improvement and growth of the company. The strong points of the development process are strengthened, while, the weaker aspects are improved or altered. The effectiveness and functionality of the development process are analyzed and failures are properly looked into, so as to move the company in a positive direction.

Prensil has attained the optimized level and is focused on implementing innovative strategies to improvise the already highly stable and effective Software product development process. We learn from our failures and never repeat mistakes. Our software product development process is a rare combination on stability and dynamism and we constantly implement the most recent technologies and management strategies.