The Innovation and Product Lifecycle Management Training Course, offered by Oxford Training Centre, provides a comprehensive foundation in managing products from concept through development, market launch, maturity, and retirement. Positioned within the wider landscape of Product Management Training Courses, this program emphasizes both innovation and structured lifecycle planning to ensure that organizations maximize value and reduce risks throughout the product journey.
Participants will explore the connection between innovation and lifecycle management, focusing on how businesses can sustain competitive advantage by integrating creativity, strategy, and process discipline. The course blends theoretical knowledge with practical tools to help professionals manage complex product portfolios, adapt to changing customer needs, and align product development with organizational strategy.
Unlike short-term approaches that prioritize only product launch, this program emphasizes end-to-end product lifecycle training, equipping learners with the tools to manage resources, improve efficiency, and sustain growth through innovation. The curriculum also incorporates agile frameworks, PLM tools, and real-world case studies, ensuring that participants gain practical skills applicable to diverse sectors.
By completing this Product Lifecycle Management Training Course, professionals will acquire deep expertise in innovation, process design, and lifecycle optimization, positioning themselves as leaders capable of driving product strategies that balance market demands with operational efficiency.
Objectives
The Innovation and PLM Training Program is designed with the following objectives:
- Provide a clear understanding of the product lifecycle from concept to retirement.
- Equip participants with knowledge of product lifecycle management certification standards and methodologies.
- Develop skills to integrate innovation into product development strategies.
- Train professionals in using PLM tools for collaboration, monitoring, and efficiency.
- Strengthen decision-making capabilities for lifecycle planning and resource allocation.
- Enhance participants’ ability to design and execute strategic product lifecycle training.
- Enable learners to identify risks, manage change, and ensure long-term product sustainability.
- Prepare participants for leadership roles in product innovation and lifecycle governance.
Target Audience
The Product Development and Lifecycle Management Course is designed for professionals working across product-focused industries who want to strengthen their lifecycle and innovation skills, including:
- Product managers responsible for end-to-end lifecycle oversight.
- R&D professionals involved in product innovation and design.
- Business analysts supporting product strategy and portfolio planning.
- Project managers applying agile product lifecycle management training practices.
- Executives managing product development investments and outcomes.
- Engineers and technical teams integrating PLM tools into development processes.
- Marketing professionals aligning customer needs with lifecycle strategies.
- Professionals pursuing a certification course in product lifecycle management and innovation.
How Will Attendees Benefit?
By completing the Innovation in Product Development Training, participants will gain the following benefits:
- Mastery of lifecycle planning and innovation integration techniques.
- Stronger alignment between product design, development, and organizational strategy.
- Expertise in PLM tools and innovation training.
- Ability to manage lifecycle risks and adapt to market dynamics.
- Competence in aligning customer insights with product strategy.
- Knowledge of agile and flexible approaches to lifecycle management.
- Career advancement through a professional training in PLM strategy and innovation.
- Confidence to lead cross-functional teams in end-to-end lifecycle initiatives.
- Practical frameworks to apply immediately within real-world product management roles.
Course Content
Module 1 – Foundations of Product Lifecycle Management
- Introduction to PLM concepts and principles.
- The role of lifecycle management in business success.
- Key stages of product lifecycle: concept, growth, maturity, decline.
Module 2 – Innovation and Product Development Training
- Integrating innovation into lifecycle processes.
- Identifying opportunities for customer-driven innovation.
- Tools and methods for accelerating product design.
Module 3 – Strategic Product Lifecycle Training
- Building lifecycle strategies aligned with organizational goals.
- Decision-making frameworks for portfolio planning.
- Case studies in lifecycle-driven strategy execution.
Module 4 – PLM Tools and Technology Platforms
- Overview of leading PLM tools for collaboration and efficiency.
- Software applications supporting lifecycle monitoring and control.
- Best practices for tool implementation across organizations.
Module 5 – Agile Product Lifecycle Management Training
- Applying agile principles in lifecycle planning.
- Balancing flexibility with structured processes.
- Incorporating iterative innovation cycles within PLM frameworks.
Module 6 – Product Development and Lifecycle Management Course
- Managing cross-functional teams across the lifecycle.
- Integrating marketing, R&D, and operations into lifecycle planning.
- Designing governance structures for lifecycle oversight.
Module 7 – Product Strategy and Innovation Skills Training
- Developing roadmaps that integrate innovation with lifecycle phases.
- Prioritizing features and resources based on strategic goals.
- Linking innovation outcomes to financial and operational metrics.
Module 8 – End-to-End Product Lifecycle Training Program
- Lifecycle management from concept to retirement.
- Approaches for sustaining value in mature products.
- Planning exit strategies and product replacements.
Module 9 – Innovation and PLM Case Studies
- Real-world examples of lifecycle management challenges.
- Innovation-driven product turnarounds and market repositioning.
- Lessons from global organizations on lifecycle optimization.
Module 10 – Certification and Practical Application
- Capstone project: building a lifecycle and innovation strategy.
- Presenting lifecycle plans for peer and expert review.
- Preparing for the product lifecycle management certification exam.