Formulating for Success!

New Product Development Certificate Program

Program Description

The New Product Development Certificate Program is designed to build competency in the process of transforming an idea to a commercial product. The program reviews the cradle to grave process of how to efficiently develop new products, and how to effectively take these products to the marketplace. The deliverables from this program are applicable to both small businesses and corporations.

The New Product Development Certificate Program is composed of the following three courses:

Managing Product Development Projects

This course introduces a disciplined new product development approach that delivers what the customer wants while mitigating development risks. This Stage Gate approach offers many benefits to organizations including increased revenue, operational efficiencies, and customer satisfaction. We present the five phases of the Stage Gate process, a core team approach to project team organization, development tools, speed techniques, and technology management fundamentals. These proven concepts are easily transferable to any industry involved in introducing new products to the marketplace.

New Venture Creation

This course teaches the practical tools necessary to transform their product idea into a marketed and commercial product. We review the basic steps of this journey including- how to assess the commercial potential for your product through consumer research, how to obtain capital funds to finance your product development, how to protect your idea through patenting, how to best market and advertise your product, and best options for manufacturing and distributing your product to the marketplace. 

Leading Teams

Leading Teams is a course that provides the knowledge and skills necessary to be an outstanding team or group leader. The course will also provide fundamental tools from the behavioral and social sciences that will improve your ability to analyze organizational dynamics and take robust action. Bring your team/group to a higher level by confidently managing tasks and motivating members to be the best they can be.

Certificate Outcome

After completion of the New Product Development Certificate Program, students will be equipped with a basic understanding of the following:

• Development stages- cradle to grave
• Product idea generation
• Commercial validation
• Intellectual property (patent) basics
• Prototype development
• Manufacturing and scale up
• Pipeline development
• Leading cross function teams
• Technology management

Recommended Prerequisites

• No prior experience or coursework required.

Course Delivery

This course is Instructor-led and delivered through our award-winning online Learning Management System. See our FAQ for more details.

Education Credit

This course has 60 contact hours and can be used for 6 Continuing Education Units (CEUs).

Registration Now

Registration Fee: $249