product development. The creation of products with new or different characteristics that offer new or additional benefits to the customer. Product development may involve modification of an existing product or its presentation, or formulation of an entirely new product that satisfies a newly defined customer want or market niche.
What is the purpose of a Gantt Chart? A Gantt Chart is a timeline that is used as a project management tool to illustrate how the project will run. You can view individual tasks, their durations and the sequencing of these tasks. View the overall timeline of the project and the expected completion date.
Microsoft Project 3.0. 1  On the view menu, click a task view, such as Gantt Chart or Task Sheet. 2  Select the task you want to flag as a milestone. 3  On the Edit menu, click Form. 4  Click to select the Milestone check box. Select the task you want to flag as a milestone. 2  On the Task tab, click Information button on the Properties section of the ribbon. 3  Click the Advanced tab and place a check mark in the Mark task as milestone check box. 4  Click OK.