Study Guide

Objective

Student can:
- Recognize how product development and R&D processes and activities are related to company´s business
- Explain product development processes´ phases and content
- Utilize different tools to enhance and facilitate creativity and development
- Lead and manage basic R&D projects
- Understand the context of service business and productizations
- Define productizations´ needs in different cases
- Develop services to cover different needs in products´ life cycle
- Estimate financial needs of a product and productization processes
- Can present financing alternatives depending on the different financing needs
- Perform a product, project and investment profitability evaluation

Content

R&D in business context and as strategic asset
Product development processes and tools
IPR, quality and standards in product development
Service business processes and industrial context
Productizations processes
Corporate finance
Investment calculation methods
Profitability of the investment
Sources of finance

Materials

Industrial Service Business and Productization: materials in ItsLearning.
Product Development: Trott, Paul. Innovation Management and New Product Development. 6th ed. : Pearson Education UK, 2016. + SFS Online + Other reliable sources found individually and through team work (FINNA)

Teaching methods

Industrial Service Business and Productization: Exam, Active Learning.
Product development: lectures, task based learning, independent study, team working, workshops

Exam schedules

Industrial Service Business and Productization:
2.4.2025 exam LEM_B164
9.4.2025 exam LEM_B164
24.4.2025 exam LEM_B164

Exam materials are in ItsLearning, lectures and PDF by Design Council on Service Design.


Product Development: No examination

International connections

Industrial Service Business and Productization: CDIO

Completion alternatives

Industrial Service Business and Productization: does not exist.

Student workload

Industrial Service Business and Productization: lectures + exam(s)
23.1.2025 introduction lecture
5.2.2025 lecture
26.2.2025 lecture
26.3.2025 lecture
2.4.2025 exam
9.4.2025 exam
24.4.2025 exam
30.4.2025 wrap-up

Product Development (Preliminary schedule and contents):
22.01.2025 13.00 - 16.00LEM_A173_Lemminkäinen (254 henkilöä)Introduction
29.01.2025 08.00 - 11.00LEM_A311 (50 henkilöä)stage 1 lectures (veli-matti)
30.01.2025 08.00 - 11.00LEM_B164 (85 henkilöä)Stage 1 lectures, Workshop: work order & market survey(veli-matti)
10.02.2025 08.00 - 11.00LEM_A309 (70 henkilöä)DL for creating Product Development work order (topic for your project work Workshop: Market analysis , please note: Don't be late (Veli-Matti)
26.02.2025 10.00 - 13.00LEM_B164 (85 henkilöä)DL: Pitching competition (video) Workshop: Stage 1 documentation (Veli-Matti)
05.03.2025 10.00 - 13.00LEM_B164 (85 henkilöä)Stage 2 Lectures, DL Stage 1 (Veli-Matti) Workshop: QFD,Reverse engineering (veli-matti
12.03.2025 13.00 - 16.00LEM_B164 (85 henkilöä)Stage 2 lectures, Workshop: QFD,Reverse engineering (veli-matti)
20.03.2025 08.00 - 11.00LEM_A306 (55 henkilöä)DL stage 2, Stage 3 lectures, (Veli-Matti)
26.03.2025 13.00 - 16.00LEM_B164 (85 henkilöä)Stage 3 lectures (veli-matti)
02.04.2025 10.00 - 13.00LEM_B164 (85 henkilöä)DL stage 3, prototype competition (veli-matti)
09.04.2025 10.00 - 13.00LEM_B164 (85 henkilöä)Stage 4 lectures (veli-matti)
16.04.2025 09.00 - 12.00LEM_B164 (85 henkilöä)Stage 4 lectures, workshop: product launch (veli-matti) DL for Advertisement / Sales Video 27.4. 23:59:59
30.04.2025 12.00 - 15.00LEM_B164 (85 henkilöä)Wrap up (Monica / Veli-Matti)

Content scheduling

Spring 2025
Industrial Service Business and Productization:
Product Development:

Further information

Industrial Service Business and Productization: email to teacher monica.tamminen@turkuamk.fi

Product Development: Question about course and project work during workshops (or lectures). If not possible, primary communication channel is itslearning. In urgent and important cases, email.

Evaluation scale

H-5

Assessment methods and criteria

Industrial Service Business and Productization: Exam. Assessment scale 0, 1-5.

Product Development: 80% Project Work, 20% Individual Assignment

Assessment criteria, fail (0)

Industrial Service Business and Productization:

Product Development:
• Fails to meet deadlines, unable to participate in team working
• Unable to recognize the relationship between product development and R&D processes and activities and the company's business.
• Cannot explain the phases and content of product development processes.
• Does not utilize tools to enhance and facilitate creativity and development.
• Unable to lead or manage basic R&D projects.

Assessment criteria, satisfactory (1-2)

Industrial Service Business and Productization:

Product Development:
• Partially recognizes the relationship between product development and R&D processes and activities and the company's business.
• Can explain the basic phases and content of product development processes.
• Uses some tools to enhance and facilitate creativity and development.
• Can lead and manage basic R&D projects but requires guidance.

Assessment criteria, good (3-4)

Industrial Service Business and Productization:

Product Development:
• Recognizes well the relationship between product development and R&D processes and activities and the company's business.
• Can explain the phases and content of product development processes in detail.
• Effectively uses various tools to enhance and facilitate creativity and development.
• Leads and manages basic R&D projects independently.

Assessment criteria, excellent (5)

Industrial Service Business and Productization:

Product Development:
• Recognizes excellently the relationship between product development and R&D processes and activities and the company's business and can apply this knowledge in practice.
• Can explain the phases and content of product development processes very comprehensively and in great detail.
• Uses a wide range of tools innovatively to enhance and facilitate creativity and development.
• Leads and manages basic R&D projects very effectively and independently.