Concurrent engineering is product development that is done by concurrently utilizing all of the relevant information in making each decision. This article discusses the three aspects that must be taken into account for all product development decisions. The aspects include product functionality, production capability, and field-support capability. The concurrent process is carried out by a multifunctional team that integrates the specialties. The article schematically illustrates product design team configurations with subsystem teams and team of subsystem leaders. It discusses the three-step decision-making process, such as requirements, concepts, and improvement, followed by multifunctional product development teams. The article describes the two types of requirements development by multifunctional teams, namely, quality function deployment and functional analysis. It schematically illustrates the integration of product requirements and concept development. The article concludes with a discussion on the improvement of concepts in terms of robust design and mistake minimization.