Traditional project management approaches are not sufficient for product development due to its variability in scope and schedule caused by the tumultuous world of global competition. Technology changes, personnel turnover, changing customer requirements and multi-site development are but a few of the variables that render conventional project management deficient. Flexible Project Management for Product Development allows you and your team to manage your development project in the middle of the turmoil created by global competition with the imperative to deliver profits. Beyond just reading very useful material, you will be able to use the templates and tools and also be able to share the information with your peers around the world. This is a step-by-step how-to guide. The author realizes that in the real world you need more guidance and enough detail to enable you to apply this material to your specific development project. Also included is a set of tools and processes not found in conventional project management books, but which are necessary in order to accommodate the chaotic nature of product development. After working with development teams around the world, the author identified the need for new ways to manage a constantly changing projects and created these tools and processes for you.