Prototype Iterations in Product Management
The business strategy of the enterprise has been transformed to "respond quickly to market demands", and the time factor is above all. Under the requirement, the competitiveness of enterprises lies in how to create a prototype as soon as possible to verify the design of product developers, and make new product go to market faster.
The product development in the initial stage is a long and complicated process till concept design to prototype development. However, this stage is very necessary before moving to mass production. In fact, product prototypes can be verified throughout the entire design and development cycle, including concept models, presentation prototypes, functional prototypes, engineering prototypes and low volume manufacturing. Appropriate utility of prototype techniques can potentially make new product development process more dynamic and effective, reducing the chance of failure.