Abstract
Information transfer and decision makingdecision making play dominant roles in the product development process. Information has to be retrieved, processed and outputted permanently. Thus, knowledge is generated and required to design this process effectively and efficiently, including making the right decisions. Therefore, supporting the product development process is a major task of design methodologies, knowledge managementknowledge management and tools. The future of Design Methodology has to be orientated around prospective product development. The present state of and challenges in product development are briefly described in this paper to realize future objectives for product development. Engineering Design Methodology’s general contribution and the Institute for Engineering Design and Industrial Design (IKTD)’s detailed schemes for achieving these objectives are depicted.
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