Benefits of Digital Twin Applications Used to Study Product Design and Development Processes

Fast-paced technological advancements and ever-growing demand for customized products trigger the need for a transition from traditional manufacturing to intelligent manufacturing. This review paper focuses on identifying the benefits of Digital Twin applications for the theme of product development processes. Benefits are analyzed according to the 10 knowledge areas defined by the Project Management Institute’s project management body of knowledge (PMBOK). Classification by knowledge area helps to understand where benefits can best be found according to desirable product characteristics and corporate goals. This paper analyzes which PMBOK knowledge area has proven, practical applications and sound theoretical underpinning, thus indicating the likelihood of a successful implementation of Digital Twin.