Product Life Cycle Toolkit

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Control Product Life Cycle: resolution of product/service defects or design changes, infrastructure changes, or operational changes.

More Uses of the Product Life Cycle Toolkit:

  • Initiate Product Life Cycle: implement established policies, system monitors and controls to ensure the successful management and reporting of all critical business unit initiatives.

  • Develop and execute Product Transition plans to effectively migrate through the Product Life Cycle without customer delivery interruptions or excess material supply.

  • Evaluate Product Life Cycle: work across the entire Product Life Cycle while developing the next generation of analytics, from Strategic Planning, new product introductions, and end of life activities.

  • Secure that your organization analyzes regional performance data for products and associated markets and provides insights regarding sales and Market Trends to Sales, Operational Marketing, and Product Life Cycle Management.

  • Engage current and potential customers to identify product opportunities, guarantee successful product implementations, and stay abreast of customer needs.

  • Manage work with Supply Chain team and other stakeholders to develop inventory policies, levels and lead times for product lines across portfolio.

  • Ensure you command; understand external requirements and expectations, user and Business Needs and take proactive measures to leverage the QMS as a competitive advantage for thE Business.

  • Make sure that your venture applies analytics and material planning expertise to manage system parameters and meet target inventory and service level goals, while minimizing costs and obsolescence.

  • Ensure you prepare and coordinate product introductions, execute product updates and discontinue products in order to maintain a customer focused portfolio (Product Life Cycle Management).

  • Whole life engineering is made up of several disciplines whose main objective is to influence hardware and systems early in the life cycle to assure effective operation, reliability, maintainability and economical ownership by the customer and end user.

  • Develop engineering strategies, plans and programs to support thE Business goals and objectives and manage Product Life Cycle.

  • Ensure your organization tracks and recommends price adjustments based on customer and product margin analysis, and in response to raw material price changes and/or changes in supply/demand balance in the marketplace.

  • Collaborate with peers to ensure continual evolution of your product lifecycle by building in security to defend against threats at all stages of the Product Life Cycle.

  • Develop and manage relationships with key suppliers and potential outsource manufacturers where appropriately aligned with commercialization plans.

  • Use Statistical Analysis of large datasets and use DMAIC process to drive Continuous Improvement projects to increase yield and reduce cost throughout the Product Life Cycle.

  • Methodize Product Life Cycle: constantly monitor Industry Trends, customer behaviour to make sure that the service products are up to date and respond to the customer needs.

  • Ensure you pose good judgment in balancing between innovation and robust operation, able to optimize productivity and efficiency when working with your partners.

  • Provide single point accountability and leadership for all Supply Planning of assigned portfolio of finished goods and work in process products throughout the Product Life Cycle.

  • Ensure your organization tracks and recommends price adjustments based on customer and product margin analysis, and in response to raw material price changes and/or changes in supply/demand balance in the marketplace.

  • Identify, analyze, and manage risk through Product Life Cycle with use of FMECA and other Risk Management tools.

  • Oversee full digital Product Life Cycle stages through product inception, design, development, testing, implementation and validation of desired outcomes.

  • Drive Product Life Cycle: work closely with Product Planning and operations to support accurate forecasting, manage raw material complexity and deliver overall product line productivity.

  • Pilot Product Life Cycle: work closely with marketing to ensure that external marketing activities are consistent with internal Product Strategy and product specific branding initiatives.

  • Develop Product Life Cycle: direct interface with customers to further product lifetime, and managing existing product issues/strategies from business and high level technical aspects.

  • Develop the necessary technical and product content for syndication into marketing programs and sales force enablement assets to generate demand, acquire customers and achieve the growth and revenue targets.

  • Manage Product Life Cycle through identification, product criteria, introduction, growth, maturity, decline and discontinuation.

  • Ensure you facilitate; aid in the Product Life Cycle development and strategy for emerging Demand side objectives.

  • Ensure your organization applies analytics and material planning expertise to manage system parameters and meet target inventory and service level goals, while minimizing costs and obsolescence.

  • Ensure your organization assess market conditions, identify industry Best Practices and emerging trends to identify new Cost Reduction and value creation opportunities.

  • Determine reporting requirements and collaborate with IS Organization to create standard reports with data that can be used to inform decisions and are meaningful to internal stakeholders.

  • Be accountable for performing as a Product Management overseeing the management of a Product Roadmap serving complex customer needs, using an Agile Development methodology that focuses on cross functional Product Teams and Continuous Improvement.

  • Manage Product Life Cycle: in collaboration with leadership, partner with sales to drive relationships with key customers and provide direction on product line focus areas to maximize sales and profitability.

  • Manage work with program finance and program departments/ sections to measure and document baseline performance of cost, Cycle Time and waste/errors for key activities, establish improvement goals and track progress against goals.

  • Ensure you realize; dedicated to engaging in the remediation of software issues related to code/solutions quality and/or security.


Save time, empower your teams and effectively upgrade your processes with access to this practical Product Life Cycle Toolkit and guide. Address common challenges with best-practice templates, step-by-step Work Plans and maturity diagnostics for any Product Life Cycle related project.

Download the Toolkit and in Three Steps you will be guided from idea to implementation results.

The Toolkit contains the following practical and powerful enablers with new and updated Product Life Cycle specific requirements:

STEP 1: Get your bearings

Start with...

  • The latest quick edition of the Product Life Cycle Self Assessment book in PDF containing 49 requirements to perform a quickscan, get an overview and share with stakeholders.

Organized in a Data Driven improvement cycle RDMAICS (Recognize, Define, Measure, Analyze, Improve, Control and Sustain), check the…

  • Example pre-filled Self-Assessment Excel Dashboard to get familiar with results generation

Then find your goals...

STEP 2: Set concrete goals, tasks, dates and numbers you can track

Featuring 999 new and updated case-based questions, organized into seven core areas of Process Design, this Self-Assessment will help you identify areas in which Product Life Cycle improvements can be made.

Examples; 10 of the 999 standard requirements:

  1. Can you measure the return on analysis?

  2. What does verifying compliance entail?

  3. Are there recognized Product Life Cycle problems?

  4. How have you defined all Product Life Cycle requirements first?

  5. What are the necessary qualifications?

  6. What Process Improvements will be needed?

  7. What systems/processes must you excel at?

  8. How can you best use all of your knowledge repositories to enhancE Learning and sharing?

  9. Are resources adequate for the scope?

  10. Do you need to do a usability evaluation?

Complete the self assessment, on your own or with a team in a workshop setting. Use the workbook together with the self assessment requirements spreadsheet:

  • The workbook is the latest in-depth complete edition of the Product Life Cycle book in PDF containing 994 requirements, which criteria correspond to the criteria in...

Your Product Life Cycle self-assessment dashboard which gives you your dynamically prioritized projects-ready tool and shows your organization exactly what to do next:

  • The Self-Assessment Excel Dashboard; with the Product Life Cycle Self-Assessment and Scorecard you will develop a clear picture of which Product Life Cycle areas need attention, which requirements you should focus on and who will be responsible for them:

    • Shows your organization instant insight in areas for improvement: Auto generates reports, radar chart for maturity assessment, insights per process and participant and bespoke, ready to use, RACI Matrix
    • Gives you a professional Dashboard to guide and perform a thorough Product Life Cycle Self-Assessment
    • Is secure: Ensures offline Data Protection of your Self-Assessment results
    • Dynamically prioritized projects-ready RACI Matrix shows your organization exactly what to do next:


STEP 3: Implement, Track, follow up and revise strategy

The outcomes of STEP 2, the self assessment, are the inputs for STEP 3; Start and manage Product Life Cycle projects with the 62 implementation resources:

  • 62 step-by-step Product Life Cycle Project Management Form Templates covering over 1500 Product Life Cycle project requirements and success criteria:

Examples; 10 of the check box criteria:

  1. Cost Management Plan: Eac -estimate at completion, what is the total job expected to cost?

  2. Activity Cost Estimates: In which phase of the Acquisition Process cycle does source qualifications reside?

  3. Project Scope Statement: Will all Product Life Cycle project issues be unconditionally tracked through the Issue Resolution process?

  4. Closing Process Group: Did the Product Life Cycle Project Team have enough people to execute the Product Life Cycle project plan?

  5. Source Selection Criteria: What are the guidelines regarding award without considerations?

  6. Scope Management Plan: Are Corrective Actions taken when actual results are substantially different from detailed Product Life Cycle project plan (variances)?

  7. Initiating Process Group: During which stage of Risk planning are risks prioritized based on probability and impact?

  8. Cost Management Plan: Is your organization certified as a supplier, wholesaler, regular dealer, or manufacturer of corresponding products/supplies?

  9. Procurement Audit: Was a formal review of tenders received undertaken?

  10. Activity Cost Estimates: What procedures are put in place regarding bidding and cost comparisons, if any?

Step-by-step and complete Product Life Cycle Project Management Forms and Templates including check box criteria and templates.

1.0 Initiating Process Group:

2.0 Planning Process Group:

  • 2.1 Product Life Cycle Project Management Plan
  • 2.2 Scope Management Plan
  • 2.3 Requirements Management Plan
  • 2.4 Requirements Documentation
  • 2.5 Requirements Traceability Matrix
  • 2.6 Product Life Cycle project Scope Statement
  • 2.7 Assumption and Constraint Log
  • 2.8 Work Breakdown Structure
  • 2.9 WBS Dictionary
  • 2.10 Schedule Management Plan
  • 2.11 Activity List
  • 2.12 Activity Attributes
  • 2.13 Milestone List
  • 2.14 Network Diagram
  • 2.15 Activity Resource Requirements
  • 2.16 Resource Breakdown Structure
  • 2.17 Activity Duration Estimates
  • 2.18 Duration Estimating Worksheet
  • 2.19 Product Life Cycle project Schedule
  • 2.20 Cost Management Plan
  • 2.21 Activity Cost Estimates
  • 2.22 Cost Estimating Worksheet
  • 2.23 Cost Baseline
  • 2.24 Quality Management Plan
  • 2.25 Quality Metrics
  • 2.26 Process Improvement Plan
  • 2.27 Responsibility Assignment Matrix
  • 2.28 Roles and Responsibilities
  • 2.29 Human Resource Management Plan
  • 2.30 Communications Management Plan
  • 2.31 Risk Management Plan
  • 2.32 Risk Register
  • 2.33 Probability and Impact Assessment
  • 2.34 Probability and Impact Matrix
  • 2.35 Risk Data Sheet
  • 2.36 Procurement Management Plan
  • 2.37 Source Selection Criteria
  • 2.38 Stakeholder Management Plan
  • 2.39 Change Management Plan

3.0 Executing Process Group:

  • 3.1 Team Member Status Report
  • 3.2 Change Request
  • 3.3 Change Log
  • 3.4 Decision Log
  • 3.5 Quality Audit
  • 3.6 Team Directory
  • 3.7 Team Operating Agreement
  • 3.8 Team Performance Assessment
  • 3.9 Team Member Performance Assessment
  • 3.10 Issue Log

4.0 Monitoring and Controlling Process Group:

  • 4.1 Product Life Cycle project Performance Report
  • 4.2 Variance Analysis
  • 4.3 Earned Value Status
  • 4.4 Risk Audit
  • 4.5 Contractor Status Report
  • 4.6 Formal Acceptance

5.0 Closing Process Group:

  • 5.1 Procurement Audit
  • 5.2 Contract Close-Out
  • 5.3 Product Life Cycle project or Phase Close-Out
  • 5.4 Lessons Learned



With this Three Step process you will have all the tools you need for any Product Life Cycle project with this in-depth Product Life Cycle Toolkit.

In using the Toolkit you will be better able to:

  • Diagnose Product Life Cycle projects, initiatives, organizations, businesses and processes using accepted diagnostic standards and practices
  • Implement evidence-based Best Practice strategies aligned with overall goals
  • Integrate recent advances in Product Life Cycle and put Process Design strategies into practice according to Best Practice guidelines

Defining, designing, creating, and implementing a process to solve a business challenge or meet a business objective is the most valuable role; In EVERY company, organization and department.

Unless you are talking a one-time, single-use project within a business, there should be a process. Whether that process is managed and implemented by humans, AI, or a combination of the two, it needs to be designed by someone with a complex enough perspective to ask the right questions. Someone capable of asking the right questions and step back and say, 'What are we really trying to accomplish here? And is there a different way to look at it?'

This Toolkit empowers people to do just that - whether their title is entrepreneur, manager, consultant, (Vice-)President, CxO etc... - they are the people who rule the future. They are the person who asks the right questions to make Product Life Cycle investments work better.

This Product Life Cycle All-Inclusive Toolkit enables You to be that person.


Includes lifetime updates

Every self assessment comes with Lifetime Updates and Lifetime Free Updated Books. Lifetime Updates is an industry-first feature which allows you to receive verified self assessment updates, ensuring you always have the most accurate information at your fingertips.