Sample One Page Business Plan — Product Development Plan

vision
Develop economically viable solution to 6782 printer memory error problem by 12/1/07

mission
Reduce the incidence of printer fatal error messages

objectives
blue dot Achieve .0000032 per thousand memory errors per average test cycle by 9/1/07.
blue dot Keep cost of upgrade to $1.53 per shipped unit.
blue dot Operate within budget of $356,000.00.

strategies
blue dot Use 3 teams of 2 engineers plus 2 outside consultants.
blue dot Concentrate on fixing current design rather that replacing it with another.
blue dot Hold weekly progress meeting with team to review progress against plan/budget.
blue dot Use outside consultants on as needed basis for new laser technologies.

plans
blue dot Establish teams by 3/1.
blue dot Identify and qualify 2 outside consultants by 3/1; finalize contracts by 3/1.
blue dot Complete problem assessment by 5/31.
blue dot Propose an engineering solution by 6/30
blue dot Complete prototypes by 7/31.
blue dot Complete product trials by 8/30.
blue dot Document final product specs by 9/30.
blue dot Complete installation of modified production equipment by 11/30.

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