Design a product concept
The product is described, and the procedure for its realization is defined.
The option chosen in the initiation phase is fleshed out. The product concept is designed for this purpose.
The product concept fleshes out the requirements and the description of the chosen option in the form of specifications. The product concept is designed in sufficient detail in terms of content and planning to form a reliable basis for the realization (development or procurement) of the product.
The product concept forms the basis for product acceptance as the project progresses.
Fine-tune requirements based on the option chosen
Flesh out the description of the selected option in the product concept
Coordinate the product concept with the stakeholders