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This paper describes the rapid development of the Ford GT transmission, from concept phase to production, where the technical challenges involved are implicit in the specifications provided. It presents the steps taken at a project management level to expedite development, as well as the tools used to design and rate components at the design stage. Examples of concurrent engineering are given as well as management techniques used to predict and address key risks. In addition, details of analysis and test procedures are given, underlining their contribution to the rapid introduction of the transmission to the market place.