Insert Your Product Picture

Project Name

Project Status Document

Date

Confidential.

Copyright © Year, Company Name

The Monthly Challenge

[These are the 30 day challenges for the team, across different functional or multifunctional areas.]

  • Key challenge 1: Brief Description
  • Key challenge 2: Brief Description
  • Key challenge 3: Brief Description
  • Key challenge 4: Brief Description
  • Key challenge 5: Brief Description
  • Underlying assumption: Product launch: date.

Group Meeting Times

  • Team Reviews of Milestones & Project Plan by Functional Area: Weekly Day / time, Location, Call in number
  • Technical Team meeting: Weekly Day/time, Location, Call in number

Reviews with Senior Management

  • Monthly, Day/Time, location.

Project Snapshot: Strategic Focus and Key Objectives

Target Buyers
Target Use
Product Functionality
Services
Channel
Brand Name
Price
Package:
Financial:

The Team

Direct Team Members

Name / Role

Supporting the Team

Name / Role

Product Design

Product Highlights:

  • Product architecture highlights
  • Product line, skus, versions, functionality range
  • IP highlights
  • Packaging decisions

Outstanding Issues:

  • In design, product rollout, IP, and packaging
  • In next generation R&D
  • In user guidelines
  • Or in 3rd party applications or tools for integrators

Short Term Activities

  1. Talk to users, develop survey, assess results
  2. Create product spec
  3. Determine costs to develop
  4. Determine COGS from design
  5. Acquire / license subsystem technology
  6. Specify, cost, prototype packaging design if needed.

Supply Chain

Project Highlights:

  • Manufacturing volumes expected
  • Machine design decisions
  • Co-manufacturer decisions
  • Shippers, logistics decisions

Outstanding Issues:

  • Process R&D that needs to be done
  • Location of Production issues
  • Logistics issues

Short Term Activities

  1. List activities here ….

Branding, Channel, Promotion

Highlights:

  • Brand name
  • Channel decisions
  • Promotion decisions

Outstanding Issues:

  • Branding/positioning issues, unresolved questions
  • Same with channel
  • Same with promotion

Short Term Activities

  1. Trademark check
  2. Visit channel partner, find supply conditions and terms of payment
  3. Determine advertising strategy and costs
  4. Find tradeshows and cost

Finance

Highlights

  • Your current P&L
  • Capital/Investment Projection

Outstanding Issues:

  • Benchmark with like companies
  • Reducing / focusing startup capital
  • Etc ….

Short Term Activities

  1. Revenue projection activities
  2. Cost projection activities
  3. Investor / investment activities
  4. Legal, form of organization activities

Proprietary and Confidential, Copyright© 2004, Company NamePage 1