This article got 3000 views and we received massive feedback from our customers and partners. Ironically, but to the point, we described major mistakes that companies making, from large companies to startups. You have long conceived the development of a new technological "piece of hardware"? But deep down, you perfectly understand that this is a thorny path that will be difficult to overcome. To fail your venture in easiest way, here is the checklist for you. Use all 20 sub-clauses or just some of them. Glory result will come up - a broken product, shattered dreams, money and reputation lost.
1. Make an eyeball estimate about development cost, it's should be not more than a few thousand dollars. Do not make exact evaluations, try to gather a team for this money, buy equipment and supervise all the processes in order to meet the deadlines.
2. Do not try to create a detailed project schedule, let everything go as it is. Don't learn from best project management practices!
3. Write 2 sheets of buzzwords and call it technical requirements (PRD). The less time you spend on it, the faster you can start to create a new product which will overwhelm markets….
Full article by the link (Russian only)