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PDMA Product Development Professional (NPDP) Certification Sample Questions:
1. How does a new product development process reduce risk?
I. It increases the points at which information is gathered and decisions are made II. It provides "bailout points" where the company can walk away from a poor project III. It lessens the investment at stake when the uncertainties are high
A) I, III
B) I, II
C) II, III
D) I, II, III
2. Company A has recently implemented a range of new product development practices. As s first stage, it has used a range of ideation tools to generate a number of potential new product ideas. It is now seeking to evaluate and prioritize th 150 product ideas for further evalutaion and development. What technique would you recomend for the first stage of evaluating the 150 new product ideas?
A) Detailed scoring of each idea against strategic criteria
B) Pass/fail evaluation
C) Financial analysis
D) Ask boss to do it
3. Which of the following are quantitative market research techniques?
A) Customer visits
B) Surveys
C) All of the above
D) Secondary research
4. A product innovation charter is valuable for which of the following reasons?
A) To identify new product project risks, contingency plans and financials
B) To clarify new product project purpose and team member roles and responsibilities
C) To define the new product project milestones and detailed team deliverables
D) To provide focus and direction for a new product concept
5. Who is responsible for setting the corporate and business strategy?
A) Senior management
B) The board of directors
C) The stakeholders
D) Process management
Solutions:
| Question # 1 Answer: D | Question # 2 Answer: B | Question # 3 Answer: B | Question # 4 Answer: D | Question # 5 Answer: B |
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