The budget for developing the product: engineering labour, masks and wafers, design tools, intellectual property licences, test hardware, qualification and other costs, phased by gate.
Plan Work product in the Product lifecycle
It makes the investment visible and controlled, so management can approve development knowing the full cost. Costs such as masks, licences and qualification otherwise arrive as surprises, overruns are found late and the business case rests on an incomplete cost.
The full lifecycle detail, with its charts, flows, tables and every section, is for registered members. Registration is free and takes a minute. You come back to this page afterwards.