Innovative Project Milestones for Ideation and Development

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Revolutionize your project development process with detailed project milestones covering business development, technology advancement, and financial planning. The core team members bring a wealth of experience to push forward the project, targeting specific customer needs and market demands. The timeline includes tasks such as market validation, R&D planning, and IP registration, ensuring a comprehensive approach to product launch and success.

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Uploaded on Sep 19, 2024 | 0 Views

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Presentation Transcript

IDEATION IDEATION Milestone Report Company Name: Company Name:

Core Team Members (Brief Description of academic and business background of core team members) CEO: Name Background, Experience Team member: Name Background, Experience

Project Summary Project Summary Introduction of your product within 30 40 words: Including: - What is your product? - Who are your target customers? - What are the problem you are trying to solve?

Part 1 Project Schedule Project Schedule

Project Schedule I Example Business Development Plan Q1 Q1 Q2 Q2 Q3 Q3 Q4 Q4 Interview with active gamers on VR/AR Collaboration with CUHK/HKU for marketing research Set up social media accounts Market promotion and free download at university communities (*A full business plan for apply incubation programme is required.) Collaboration with CUHK/HKU for UAT and focus group Created VR/AR related contents App launch at Android store What should be included: Market Validation: market research, focus group, interview potential customer, research & analysis, market identification, etc.. (Expected to be done in Q2). Marketing Plan: Marketing channel, Distribution channels etc

Project Schedule II Example Technology Development Q1 Q1 Q2 Q2 Q3 Q3 Q4 Q4 Game development - Characters and graphics design Game development - music and sound effect development Payment gateway integration Complete full payment gateway integration Android beta version for testing and debugging Prototyping launch and collect feedback from actual users What should be included: : R&D Plan: R&D development scheduling, Proof of concept testing etc. Prototyping: Design of electronics, Mechanics, UI/UX, prototyping, etc. (A workable prototype expected to be launched by Q4.)

Project Schedule III Example Q1 Q1 Q2 Q2 Q3 Q3 Q4 Q4 Bank account opening - Setup payment gateway with Paypal and banks Online payment gateway implementation Finance Planning - - IP register for game character Apply for HKSTP Incubation Programmes Others (Awards, IP, etc..) What should be include: Finance Planning: Main expenses, Bank account opening, Book keeping / accounting system setup etc. Others (Awards, IP, etc.): Attending demo days, Apply Incubation Programmes, registering IP etc.

Part 2 Value Proposition Value Proposition

Value Proposition Value Proposition Completing a Value Proposition task will allows our panellists to better understand your product or service s positioning and what are the customer values and needs. You may use Value Proposition Canvas as a tool. Which can be commonly found online. This canvas can provides a simple way to better understand your customer needs, and design products and services according to what they want.