Abstract
Product development decisions are a great management challenge, especially in a turbulent business environment. Management is forced to make decisions before they have essential information on markets and technologies. This study analyses how Information and Communication Technology (ICT) companies cope with the uncertainty and challenges caused by the changing environment, focusing particularly on the role of Verification and Validation (V&V) activities. This article highlights that when properly conducted, V&V can aid in providing required information and help obtain a more profound understanding during the early part of product development. The study covers three company types: companies with their own products, Original Equipment Manufacturers (OEMs) and subcontractors.
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.