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Level 1

  • No standard criteria for evaluating projects.
  • No standard criteria for evaluating the overall NPD effort.
  • Projects are never killed.

Level 2

  • There are some general guiding principles for evaluating projects.
  • Revenue or members served is the predominate metric for NPD project success.
  • Some initial screening criteria used but very informal in nature.
  • One person does all evaluations.
  • Some projects may be killed / dropped.

Level 3

  • Scoring models / checklists are used.
  • Team approach is used to evaluate and make final decisions on NPD projects.
  • Projects can be stopped at any time.
  • Formal business analysis is undertaken.
  • Business plans must be approved by Directors, VPs.
  • Multiple review points.
  • Board of Directors must approve really new and big projects.s

 

Level 4

  • There is a standard set of criteria for individually evaluating NPD projects.
  • There is a standard set of criteria for evaluating the overall NPD effort.
  • Multiple reviews and reviewers are used to evaluate NPD projects and NPD progress.
  • There is a group charged with the task of evaluation.
  • An evaluation software tool is employed.
  • Metric data is tracked and stored.
  • Metric data can be readily accessed for analyses.

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