Product Lifecycle Management (PLM)
About Product Lifecycle Management (PLM)
Product
lifecycle management (PLM) refers to the handling of a good as it moves
through the typical stages of its product life: development and
introduction, growth, maturity/stability, and decline. This handling
involves both the manufacturing of the good and the marketing of it. The
concept of product life cycle helps inform business decision-making,
from pricing and promotion to expansion or cost-cutting.
Why is Product Lifecycle Management (PLM) important?
Benefits of a PLM Platform
• 'Single Source of Truth' (Centralisation)
• Reduced Development Cycle.
• Decreased Compliance Risks.
• Reduced Costs.
• Drive Innovation.
• Enhanced Product Quality.
• Increased Productivity.
• Business Scalability.
Who should take the Product Lifecycle Management (PLM) Exam?
• Product management and design professionals
• Business owners
• Innovators
• Anyone who wants to assess their Product Lifecycle Management (PLM) skills
• Product or design managers and senior executives
• Product or design consultants
• Professionals working in outsourced companies responsible for PLM
• Any professional with skills and knowledge on Product Lifecycle Management
• Anyone interested in PLM
Product Lifecycle Management (PLM) Certification Course Outline
1. PLM Basics
2. Workflows
3. Redlining
4. Lifecycles
5. Administration
6. PLM Software
7. PLM management