Key Product Development Benchmarks at a Glance

 

Details

With data from APQC's Open Standards Benchmarking in product development, this article highlights important product development benchmarks for organizations.

Metrics provided include:

  • total cost to develop and manage products and services,
  • percentage of revenue from products launched in the past year,
  • percentage of new product/service development projects launched on time, and more.

Comments (1)

Telling us the median value

Telling us the median value is one thing but at what percentage do the best in class fall. If the process for new products delivered on schedule is 75% and behaves like a standard deviation this tells me 200+ organizations fall above 75% - how far where do the top 50 or 10% fall - 80, 85, 90 - this is the information that is more valuable.

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