Cycle time in days from the start of design and development through completion of test marketing for existing product/service improvement projects
This measure calculates the number of calendar days from the start of design and development for a product/service (beginning when resources are assigned) through completion of test marketing (in which prototypes are used to assess market potential) for existing product/service improvement projects. This measure is part of a set of Cycle Time measures that help companies analyze the duration of the process group "develop products and services" from beginning to end.
Benchmark Data
25th | Median | 75th |
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Compute this Measure
Units for this measure are days.
Cycle time in days from the start of design and development through completion of test marketing for existing product/service improvement projects
Key Terms
Cycle time is the total time from the beginning of the process to the end. This includes both time spent actually performing the process and time spent waiting to move forward.