Researchers have indicated that as many as 80% of all software projects never make it through the fullproduct development process. These failed projects either do not achieve business objectives or run far over budget and schedule.
The good news is that the 20% of projects that succeed share common characteristics that can be documented and reproduced. These successes contain four common traits:
Peekhunt Consulting Institute recognizes product development process improvement as a key strategic objective, especially the goal of decreasing development cycle, eliminating duplication and misunderstanding and improving team work.
Improved product development processes will allow Peekhunt Consulting Institute to respond quickly to customer needs, effectively incorporate new technologies, and improve product functionality, quality and costs. A streamline and tune-up of our current processes helps ensure that we’ll stay within the 20% success margin mentioned above. Improvement in productivity begins by having a stable, predictable and measurable process.
Software products come in all kind of form, shape and color. On the web they can be a LMS portal, login to a membership area, present some content, e-learning or a document search engine. Every single part is a product. The whole application itself is a product. But all products are:
It communicate the benefits and features of the product, as a prototype that is not yet ready for end-users.
The product is now ready for end-users. The product has been demonstrated to have no major bug, defect or functionality problems.
The product has been thoroughly tested by Quality Assurance and documentation has been written for end-users.
The product has proven to be successful when many users simultaneously use the product, when numerous entries are made into the product’s database, and when several applications can be used at a time.