Product Lifecycle Management (PLM) Practice Exam

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.

PLM concepts were first introduced where safety and control have been extremely important, notably the aerospace, medical device, military and nuclear industries. These industries originated the discipline of configuration management (CM), which evolved into electronic data management systems (EDMS), which then further evolved to product data management (PDM).

Why is Product Lifecycle Management (PLM) important?
PLM software allows managing this information throughout the entire product lifecycle efficiently and cost-effectively: from ideation, design, and manufacture to service and disposal. Product Lifecycle Management (PLM) Software to plan, design and share innovation.

 Sound product lifecycle management has many benefits, such as getting the product to market faster, putting a higher quality product on the market, improving product safety, increasing sales opportunities, and reducing errors and waste.

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

Knowledge and Skills required for the Product Lifecycle Management (PLM)

Candidates gain quick success if they have skills of critical thinking and good communication skills.

Product Lifecycle Management (PLM) Practice Exam Objectives

Product Lifecycle Management (PLM) exam focuses on assessing your skills and knowledge in concepts and application of Product Lifecycle Management (PLM)

Product Lifecycle Management (PLM) Practice Exam Pre-requisite

There are no prerequisites for the Product Lifecycle Management (PLM) exam.

Product Lifecycle Management (PLM) Certification Course Outline
1. PLM Basics
2. Workflows
3. Redlining
4. Lifecycles
5. Administration
6. PLM Software
7. PLM management

Exam Format and Information
Certification name – Product Lifecycle Management (PLM) Certification
Exam duration – 60 minutes
Exam type - Multiple Choice Questions
Eligibility / pre-requisite - None
Exam language - English
Exam format - Online
Passing score - 25
Exam Fees - INR 1199