New Product Development NPD Practice Exam

About New Product Development NPD
New product development (NPD) is the process of bringing a new product to the marketplace. Your business may need to engage in this process due to changes in consumer preferences, increasing competition and advances in technology or to capitalise on a new opportunity.

Innovative businesses thrive by understanding what their market wants, making smart product improvements, and developing new products that meet and exceed their customers' expectations.

Why is New Product Development NPD important?
NPD is the driving force of companies and vital for their organic growth. Insatiable consumer appetite, strong worldwide competition, changing consumer behaviour and technology, force companies to invest in new products to succeed or for their survival.

Advantages from using the new product development process are
•    Create an innovative culture
•    Keep pace with your consumers
•    Discover new opportunities
•    Drive higher value proposition
•    Improve your brand reputation
•    Faster time to market
•    Avoid feature creep
•    Avoid common pitfalls

Who should take the New Product Development NPD Exam?
•    Senior  professionals
•    Product developers
•    Designers
•    Entrepreneurs
•    Innovators
•    Anyone who wants to assess their NPD skills
•    Managers and senior executives
•    Consultants
•    Professionals working in outsourced companies responsible for New Product Development
•    Any professional with skills and knowledge on NPD
•    Anyone interested in NPD
•    Students

Knowledge and Skills required for the New Product Development NPD

Critical thinking and good communication skills helps candidate to gain quick success for career in new product development npd.

New Product Development NPD Practice Exam Objectives

New Product Development NPD exam focuses on assessing your skills and knowledge in product design, analysis and development

New Product Development NPD Practice Exam Pre-requisite

There are no prerequisites for the New Product Development NPD exam.

New Product Development NPD Certification Course Outline

1. Idea Generation and Screening Ideas
2. Market Research
3. User Design
4. Analytics
5. Engagement & Growth
6. Product Development and Planning
7. Commercialization and Product Pricing


Exam Format and Information
Certification name – New Product Development NPD 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