Stage Gate
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Stage Gate refers to a project management methodology that divides innovation or development processes into distinct phases separated by decision points, or “gates.” It involves planning, executing, and evaluating each stage based on predef...
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Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast define a skill?
Cross-Functional Team Leadership refers to the ability to guide and manage a diverse group of individuals from various departments or areas of expertise towards a common goal. This skill involves facilitating collaboration, communication, and decision-making among team members to ensure alignment and effective execution of projects. Knowledge of Cross-Functional Team Leadership is used to enhance problem-solving capabilities, leverage diverse perspectives, and drive innovation by integrating different skill sets and insights within the team.
New Product Development (NPD) is a complex and specialized process that involves different stages, such as idea generation, screening, concept development, prototyping, testing, and launching. It requires a diverse set of skills, including creativity, design thinking, market research, project management, and technical knowledge. Successful NPD helps businesses stay competitive by introducing innovative and customer-focused products to the market. However, the process also involves risks and uncertainties, and companies need to carefully manage these to ensure the success of NPD projects.
Product Lifecycle Management (PLM) refers to the process of managing a product from its conception, through its design and development, to its ultimate retirement. It involves a range of activities such as planning, designing, testing, deploying, and maintaining the product throughout its lifecycle. PLM requires a specialized set of skills and knowledge in areas such as engineering, project management, supply chain management, quality assurance, and international standards compliance. A successful PLM strategy can help companies improve their overall efficiency, reduce costs, increase product quality, and enhance customer satisfaction.
Product line extension refers to the process of adding new products or variations to an existing product line in order to meet the changing needs and preferences of customers. It requires specialized skills such as market research, innovation, product design, production, and marketing to successfully launch new products that complement the existing ones and appeal to the target market. Product line extension can provide a company with enhanced revenue opportunities, increased brand loyalty, and improved market share. However, it also comes with risks such as cannibalization of sales from existing products and increased complexity in managing the product portfolio.
Project Portfolio Management is a strategic competency that involves organizing and managing a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. This skill is used to provide a structured approach to aligning, prioritizing, and managing projects and programs to optimize resource utilization, balance risk against performance, and harmonize organizational change initiatives. It enables organizations to maintain control over its entire portfolio through a centralized management system, ensuring that all projects are aligned with the overall business strategy.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
Browse Skill Categories
Lightcast Skills Resources
Degree Requirements are Dropping—But They’re Still Higher for AI Jobs
He Tried College Three Times. Then He Found a Career With No Ceiling.
The Rise of Fractional Leadership
About
Stage Gate refers to a project management methodology that divides innovation or development processes into distinct phases separated by decision points, or “gates.” It involves planning, executing, and evaluating each stage based on predef...
Related Skills
Browse the most common related skills to this skill, based on the last 5 months of job postings data.
How does Lightcast define a skill?Cross-Functional Team Leadership refers to the ability to guide and manage a diverse group of individuals from various departments or areas of expertise towards a common goal. This skill involves facilitating collaboration, communication, and decision-making among team members to ensure alignment and effective execution of projects. Knowledge of Cross-Functional Team Leadership is used to enhance problem-solving capabilities, leverage diverse perspectives, and drive innovation by integrating different skill sets and insights within the team.
New Product Development (NPD) is a complex and specialized process that involves different stages, such as idea generation, screening, concept development, prototyping, testing, and launching. It requires a diverse set of skills, including creativity, design thinking, market research, project management, and technical knowledge. Successful NPD helps businesses stay competitive by introducing innovative and customer-focused products to the market. However, the process also involves risks and uncertainties, and companies need to carefully manage these to ensure the success of NPD projects.
Product Lifecycle Management (PLM) refers to the process of managing a product from its conception, through its design and development, to its ultimate retirement. It involves a range of activities such as planning, designing, testing, deploying, and maintaining the product throughout its lifecycle. PLM requires a specialized set of skills and knowledge in areas such as engineering, project management, supply chain management, quality assurance, and international standards compliance. A successful PLM strategy can help companies improve their overall efficiency, reduce costs, increase product quality, and enhance customer satisfaction.
Product line extension refers to the process of adding new products or variations to an existing product line in order to meet the changing needs and preferences of customers. It requires specialized skills such as market research, innovation, product design, production, and marketing to successfully launch new products that complement the existing ones and appeal to the target market. Product line extension can provide a company with enhanced revenue opportunities, increased brand loyalty, and improved market share. However, it also comes with risks such as cannibalization of sales from existing products and increased complexity in managing the product portfolio.
Project Portfolio Management is a strategic competency that involves organizing and managing a collection of projects or programs and other work that are grouped together to facilitate effective management of that work to meet strategic business objectives. This skill is used to provide a structured approach to aligning, prioritizing, and managing projects and programs to optimize resource utilization, balance risk against performance, and harmonize organizational change initiatives. It enables organizations to maintain control over its entire portfolio through a centralized management system, ensuring that all projects are aligned with the overall business strategy.
Lightcast Skills Taxonomy
Looking for a specific skill? Search our library. Explore 35,000+ skills that we've collected from hundreds of millions of job postings, resumes, and online profiles.
The Lightcast Skills Taxonomy delivers clarity by allowing everyone to speak the same language. Use our APIs to articulate your skills needs, and leave the details to us: our dedicated team of taxonomists and engineers cleans, checks, and updates each entry so that you always have the most accurate and up-to-date picture of the labor market.
Are you a nonprofit pursuing a public good? Lightcast Skills APIs are freely available to you because we believe in using data for good and creating a labor market that works for everyone. Through the shared language of skills, we can enable a world where every worker and every job can find their best fits as efficiently and easily as possible.
Browse Skill Categories
Lightcast Skills Resources
Degree Requirements are Dropping—But They’re Still Higher for AI Jobs
He Tried College Three Times. Then He Found a Career With No Ceiling.
The Rise of Fractional Leadership
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This skill is part of the Lightcast Skills Taxonomy, a library of over 35,000 job related skills. It is the standard used by higher education institutions, public sector organizations and Fortune 500 companies around the globe.