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Cost per Prototype

Purpose -

Measures the cost efficiency of prototyping in product development.

Operational Definition -

Total Cost of Prototyping / Number of Prototypes Built

Type of Metrics -

KPI

Function -

Finance

Associate Function -

Finance

Desired Trend -

Lower the better

Recommended Frequency - 

Per Project

External References -

https://opsdog.com/categories/kpis-and-metrics/product-development

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