Better Decisions. Better Products. Better results

We secure better product decisions

Product Portfolio
Decisions

Which products should we invest in, evolve or phase out?

Prepare

  • Understand customer and market needs

  • Assess product performance and lifecycle status

  • Evaluate business value, cost and risk

  • Define product targets and requirements

  • Compare portfolio alternatives

Make

  • Approve new product investments

  • Prioritize development initiatives

  • Invest in, evolve or maintain existing products

  • Rationalize products and variants

  • Phase out or replace products

Execute

  • Translate decisions into portfolio roadmaps and product plans

  • Set or update product targets and requirements

  • Initiate development, product change or phase-out processes

  • Communicate priorities, ownership and expected outcomes

  • Track execution against the approved decision

Related standard and lifecycle processes

ISO/IEC/IEEE 15288: Life cycle model management, decision management, risk management and measurement

ISO 9001: Operational planning, customer requirements, design and development

ISO 14001: Environmental aspects and lifecycle perspective